Attention Oakland investors and House-hackers! Welcome to this exceptional opportunity in the highly sought-after NOBE neighborhood. This two-house compound presents a lucrative prospect for extended families, savvy investors, and those interested in house hacking. With RM-3 zoning, the potential for this property is boundless! Each home has private entrances, individual outdoor spaces, and separate utilities and the interiors have been recently updated. The front residence has off-street parking and a spacious high-ceiling basement, ideal for conversion into a third unit, maximizing rental income potential. Meanwhile, the back house also features a full, usable basement with expansion possibilities, providing further avenues for value enhancement. With both houses already tenant-occupied, you can start earning returns immediately. Situated just one block from the Emeryville border and a mere two blocks from Berkeley, this property is in the middle of everything. Enjoy quick access to major thoroughfares 80/580 for easy commuting. Indulge in shopping and dining options nearby, including the renowned Berkeley Bowl West, Bay Street Shopping, and Emeryville Public Market. Don't miss out on this prime investment opportunity in an unbeatable location.
41055041
Multi-Family, Other
2
Alameda
1925
0.08
Acres
Wood
1,538
Sq. Ft.
NOBE
All Public Utilities, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
Detailed Room Information
- Laundry
- In Basement
Interior Features
- Appliances
- Dryer, Washer, Gas Water Heater
- Flooring
- Hardwood, Vinyl, Concrete, Laminate, Wood, Linoleum
- Cooling
- Ceiling Fan(s)
- Heating
- Other. Forced Air, Wall Furnace.
- Basement
- Other
- Energy
- 0| 1|
- Security
- Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces. Off Street.
- Exterior
- Wood
- Zoning
- RM-3
- Fence
- Fenced
- Additional Exterior/Lot Features
- Back Yard, Garden, Storage Area. 2 Houses / 1 Lot, Level.
Community Features
- Security Features
- Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
- Complex Features
- Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
Financial Considerations
1615054
Cash, Conventional, 1031 Exchange
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