1072 56th Oakland, CA 94608
Listing Courtesy of: bridgeMLS / Coldwell Banker Realty
$1,050,000
7
BED
4
BATH
1,845
SQFT

  1072 56th Oakland, CA 94608

Active (24 Days)

Description

Located at the border of Berkeley and Emeryville. Minutes to highway 80, 580 and 24. Minutes to Bay Bridge. Quiet street surrounding by single family houses. Investment opportunity. Excellent for owner occupied. Large lot for redevelopment. The back yard is huge and good for adding an ADU. Spacious main unit upstairs ideal for owner use. Multiple upgrades including new sewer lateral, newer appliances upstairs unit, stove, furnace. Quartz countertops. sidewalk pavement, building stairs, plumbing and studio new refrigerator etc. All tenants are on month to month terms. Rents below market. No rent increase in the past 6 years. Potential easy rent increase to market rents. Current CAP rate 4.78%. Easily reach market CAP rate 6.1%.

MLS #:
41002366
Lot Size
4,750 SQFT
Type
Multifamily
Year Built
1899
County
Alameda County
Community
Berkeley Border
Bathroom Details
Subdivision
  • Berkeley Border
Lot Information
  • Regular
  • Level
Heating and Cooling
  • Wall Furnace
  • Propane
  • Hot Water
  • Room Air
  • Ceiling Fan(s)
Flooring
  • Vinyl
  • Tile
  • Laminate
  • Hardwood Floors
Exterior Features
  • Composition Shingles
  • Roof: Composition Shingles
Utility Information
  • Sewer: Water - Public, Sewer System - Public
Location
   
Calculate drive times to this property
 

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Intero Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Bay East© 2022. CCAR ©2022. bridgeMLS ©2022. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at: 8/13/22 19:46