2506 Highland Ave Active Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94606
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 01-41101219
Year Built 1911
Lot Size 4,445 Sqft
Property Sub-Type Duplex
Property Description
High-Cash Flow Multi-Unit Property in Highland Terrace - All Units Vacant! Don't miss this exceptional investment opportunity in the highly desirable Highland Terrace neighborhood. This multi-unit property is fully vacant and ready for you to place tenants at market rent--or move in and house-hack while generating strong income. The main level features a spacious 4B/2B unit with a large living and dining room adorned with traditional crown molding. The kitchen includes Cherrywood cabinets and all appliances--making it ideal as a comfortable primary residence. The garage has been thoughtfully converted into a separate 2B/1B unit, offering even more income potential. Back unit is a fully independent 2B/1B unit with its own PG&E and water meters, full kitchen, and bathroom--perfect for separate tenants or extended family. The home sits on a generous lot with a decent-sized backyard, a wide driveway, and an automatic security gate for added convenience and privacy. Market rent estimates from Rentometer.com: * 4B/2B main unit: $3,500/month * Upper 2B/1B unit: $2,700/month * Lower 2B/1B converted unit: $2,500/month That's a potential gross rental income of $8,700/month, offering a rare opportunity for both investors and savvy buyers looking to live in one
Location
State CA
County Alameda
Interior
Heating Forced Air
Flooring Laminate,Tile,Wood
Exterior
Parking Features Garage,Street
Building
Lot Description Level with Street,Back Yard
Sewer Public Sewer