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343 Somerset Road

Oakland, CA 94611
  • $1,500,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: 324066929
UPDATED: 5 min ago
$1,500,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,588
    SQFT
  • $580
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

Description

Located near the border of Piedmont, this rare 4-unit property is a trophy investment opportunity. Each of the four 1 BD/1 BA units offers spacious living with abundant natural light. Every unit includes a garage, providing added convenience and value for tenants. The property features a common laundry area equipped with coin-operated washers and dryers, offering ease and accessibility. With market rent significantly higher than the current rent, this property presents an excellent opportunity to increase revenue and maximize your investment potential. Set on a tranquil street yet close to local amenities, shops, dining, and public transportation, this property is in an excellent location, allowing easy access to the vibrant energy of Montclair Village and also downtown Oakland. Don't miss out on acquiring this exceptional income-generating property!

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Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-09-14T22:57:38.493.
www.hiraethhomes.com/homes/154021099
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343 Somerset Road Oakland, CA 94611

  • Price: $1,500,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 5 min ago
  • ID#: 324066929
4
Beds
4
Baths
0
½ Baths
0.16
Acres
2,588
SQFT
$580
$/SQFT
1949
Built
Neighborhood:
Oakland Zip 94611
County:
Alameda
Area:
Oakland Zip 94611
Property Description
Located near the border of Piedmont, this rare 4-unit property is a trophy investment opportunity. Each of the four 1 BD/1 BA units offers spacious living with abundant natural light. Every unit includes a garage, providing added convenience and value for tenants. The property features a common laundry area equipped with coin-operated washers and dryers, offering ease and accessibility. With market rent significantly higher than the current rent, this property presents an excellent opportunity to increase revenue and maximize your investment potential. Set on a tranquil street yet close to local amenities, shops, dining, and public transportation, this property is in an excellent location, allowing easy access to the vibrant energy of Montclair Village and also downtown Oakland. Don't miss out on acquiring this exceptional income-generating property!
Exterior Features

Carport Spaces 0 Covered Spaces 0 Independent Parking Spaces 0 Lot Features None Open Parking Spaces 0 Parking Features DetachedGarage Parking Total 4 Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 4 2 Bedroom Units Total 0 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling None Heating Wall Furnace Laundry Features Coin OperatedIn Common Area Studio Units Total 0

Property Features

Association Fee 0 Association YN No Auction No Gross Income 84797 Property Sub Type Quadruplex Property Type Residential Income Sewer Public Sewer Subtype Description Apartments Tenant Pays ElectricityGasTrash CollectionWater Water Source Public

Listing information © 2024 Bay Area Real Estate Information Services. Listing courtesy of Faber Real Estate Team of Compass: .


Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-09-14T22:57:38.493.
 
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