When it comes to investing in Oaklands multifamily market, an opportunity to buy in Trestle Glen for half the average price is too good to pass up. Offered at $1.06MM (a mere $359 per sq. ft.), 3608 Kingsley Street is a four-unit (4, 1BR/1BA), Victorian-era property thats ready for a new owner. A corner lot situated along the sun-soaked intersection of Kingsley and Chatham, this investment will be delivered partially occupied (three units), providing the new owners with an instant revenue stream. The other units will afford the new owners with the rare opportunity to create their own lease terms and handpick their own tenants from the applicant pool. Speaking of tenants, nearby Lakeshore Avenue offers occupants exceptional shopping and dining options, while nearby Highland Hospital acts as the immediate areas biggest employer. Enjoying the outdoors is made easy thanks to the propertys large yard as well as nearby Diamond Park, a mere 12-minute bike ride away.
41055009
Fourplex, Multi-Family, Other
4
Alameda
1900
0.14
Acres
Frame,Wood
2,953
Sq. Ft.
Yes
TRESTLE GLEN
Individual Electric Meter, Individual Gas Meter
Interior Features
- Appliances
- Gas Water Heater
- Flooring
- Hardwood, Tile, Vinyl, Carpet
- Cooling
- None
- Heating
- Other. Wall Furnace.
- Basement
- Storage Space
- Energy
- 0| 1|
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces. Detached, Garage Faces Side, Garage.
- Exterior
- Wood, Frame
- Zoning
- RM-4
- Additional Exterior/Lot Features
- Entry Gate, Side Yard. Corner Lot.
Financial Considerations
23477202
None
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