3622 Emerson ST Open House

Oakland,CA 94610

$ 995000

- Bed

0 Bath

- SqFt


OPEN HOUSE

Sat Sep 13, 1:00pm - 3:00pm  Sun Sep 14, 1:00pm - 3:00pm 

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Glenview

MLS Listing ID 41110400

HOA Y/N No

Year Built 1913

Lot Size 3,497 Sqft

Property Sub-Type Duplex

Property Description

Glenview Duplex – Strong Income Property with Competitive Returns Excellent investment opportunity in Oakland's desirable Glenview neighborhood. This bright Craftsman duplex features a spacious front unit (4BD/2BA, ~1,800 sqft) with original details and charm, plus a rear 1BD/1BA unit rented at market rate. A detached garage offers additional storage or potential for ADU conversion. Both units have seperate washer/dryer. The property boasts a competitive GRM of 13.4 and a CAP rate of 5.5%, making it a compelling addition to any residential income portfolio. Recent upgrades throughout (including removal of knob-and-tube wiring) reduce future maintenance costs and increase long-term stability. With its location just a mile from Lake Merritt and Lakeshore's retail district, plus immediate freeway access for commuters, this property is well-positioned to attract quality tenants. For floor plans - https://3622emerson.com/mls

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Flooring Carpet,Vinyl,Wood

Fireplace No

Appliance Gas Water Heater,Dryer,Washer

Exterior

Parking Features Garage

Roof Type Shingle

Total Parking Spaces 1

Building

Lot Description Back Yard,Front Yard,Street Level

Sewer Public Sewer

Others

Tax ID 2348025

Acceptable Financing Cash,Conventional,1031 Exchange,FHA,VA Loan

Listing Terms Cash,Conventional,1031 Exchange,FHA,VA Loan

Virtual Tour https://3622emerson.com/mls

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