761 Shepherd Ave - Apartments FOR SALE


Hayward, CA 94544- Harder-Tennyson
$1,395,000 USD
510-725-4775
761 Shepherd Ave, Hayward, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/19
null | 5.68% Cap Rate

761 Shepherd Ave
Hayward, CA 94544
Harder-Tennyson


HIGHLIGHTS

  • Four 2bd/1bth Units of Approximately 700 Sq Ft Each
  • Low Annual Expenses - Tenants Pay Garbage, Gas, and Electricity
  • New Kitchens & Bathrooms, Light Fixtures, Stainless Steel Appliances, and Luxury Flooring
  • Dual Pane Windows, New Fence, Fresh Coat of Exterior Paint & Easy to Maintain Landscaping
  • Assigned Off-Street Covered Parking, Newly Sealed Asphalt & Coin Operated Laundry Providing Additional Income

OVERVIEW

This offering presents a unique opportunity for a new or seasoned investor to acquire a four unit, fully remodeled investment property in Hayward, CA, one of the East Bay's best rental markets. Upgrades include, but are not limited to, new kitchens and bathrooms, stainless steel appliances, new luxury flooring, dual pane windows throughout, new asphalt driveway and freshly painted interior and exterior. The property provides low annual expenses as tenants pay for gas, electric, and garbage and there are coin operated laundry machines providing additional extra income for the owner. Further enhancing the opportunity investors can take advantage of 30 year fixed financing with this turnkey asset.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$502 USD /SF

# OF UNITS

4

PRICE/UNIT

$348,750

CAP RATE

5.68%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,841 SF

ZONING

-

APN/PARCEL ID

453-0035-028-00

ASK ABOUT THIS PROPERTY

Steven PinzaPinza GroupMore Info
510-725-4775

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Steven PinzaPinza GroupMore Info
510-725-4775

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