2209 E 22nd St - Multi-Family FOR SALE


Oakland, CA 94606- Highland Terrace
$525,800 USD
510-388-2781
2209 E 22nd St, Oakland, CA for Sale
$525,800 USD
Multi-Family - FOR SALE
1/34
null | Request Cap Rate

2209 E 22nd St
Oakland, CA 94606
Highland Terrace


HIGHLIGHTS

  • One Unit Will be Vacant for New owner to set Rent
  • Live in One and Rent the Other
  • Perfect for Your investment portfolio

OVERVIEW

OPEN HOUSE on Sunday, June 29th from 2:00-4:30 p.m. We have an exciting opportunity to share with you: a duplex property that needs some love and attention, but offers immense potential! This property features two 3-bedroom units and has been owned by the same family for over 60 years. The upper unit has been recently painted and boasts a functional layout, with one bedroom easily convertible into a home office. You'll appreciate the alluring high ceilings throughout the upper level and the abundance of natural light. This unit will be delivered vacant, offering a fantastic opportunity for an owner-occupant to live in one unit while collecting rent from the occupied lower unit. Situated on a spacious 7,000 square foot lot, this property also presents significant building potential for an additional dwelling. We recommend checking with the city regarding the current zoning for this parcel to explore the possibilities. This property is located in a very desirable pocket with limited inventory, featuring a tree-lined street with many beautiful turn-of-the-century homes. Whether you're a homeowner looking for a unique residence or an investor seeking a promising opportunity, this property is calling your name!

FOR SALE DETAILS

PRICE

$525,800 USD

PRICE/SF

$306 USD /SF

# OF UNITS

2

PRICE/UNIT

$262,900

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Duplex at 2209 E. 22nd Street, Oakland, CA

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

021-0290-038-00

ASK ABOUT THIS PROPERTY

Anne Gross-AyankoyaCorcoran Icon PropertiesMore Info
510-388-2781

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Anne Gross-AyankoyaCorcoran Icon PropertiesMore Info
510-388-2781

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.