343 Somerset Rd, Oakland, CA 94611

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List Price
$1,295,000
Status
ACTIVE
MLS#
326071859
Year Built
1949
Property Type
Quadruplex
Living Area
2,588
Lot Size
7,113
Acres
0.16
County
Alameda
Region
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!

Additional Information

Style
Mid-Century Modern
Garage Spaces
4
Basement
None
Floors
Carpet, Wood
Foundation
Concrete
Heating
Wall Furnace
Cooling
None
Lot Description
None
Possession
Close Of Escrow, Subject To Tenant Rights
Tenant Pays
Electricity, Gas, Trash Collection, Water, See Remarks
Utilities
Cable Available, Natural Gas Available
View
Trees/Woods, Mountain(s), Trees/Woods

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Calculator source: Real Geeks

Listing courtesy of Ben H Faber from Compass

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