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Sold

2543 Humboldt AVE

2543 Humboldt AVE, OAKLAND, CA 94601

$778,000

Opportunity knocks w/ 6%+ cap rate! Rare opportunity to own amazing 3 houses on a large 13k+ sqft lot! Property offers #2543 - 3b 2b w/ brand new oven range & refrigerator, #2541 - 3b1b w/ 1 year old oven range & refrigerator, and # 2539 - 2b1b w/ a brand new oven range & refrigerator. All units have individual water meters & PG&E meters, tenants pay utilities. Property is well maintained, decorated with aromatic roses along the driveway. Carport between houses and plenty of parking spots on the property. All units are currently tenant occupied bringing stable rental income. Cash flow positive w/ $6.4k+ monthly rent, plus more upside to increase! Current cap rate 6.55%, Pro forma cap rate 9.3%. Large lot with plenty of opportunity to do addition or renovate for better rent! Walk to restaurants & shops, schools, parks, close to 880 and public transport. 3D matterport for all 3 units available in property website 2543Humboldt . com. Open house on Sat, Oct 8th 12-2pm, please stop by!

Studio

2,759 Sq.Ft. LIVING AREA

0.31 Acres lot