This 10-unit Apartment complex plus a 3 bedroom 1.5 baths single-family home are located in the Cherrywood area..This 10 unit apartment complex and the additional sfr have the possibility for future development of adding more units / ADU, see Alameda County about the requirements. The property offers seven 1 bedrooms and three 2 bedroom units PLUS SFR 3 bedroom and 1.5 baths that offers a huge potential for an increase NOI by increasing the rents etc., sitting on two seperate parcels. The units and sfr are separately metered for PGE and GAS. Coin-operated laundry is on-site for the tenant's convenience. Seller may carry a second loan secured with a deed of trust upto 50% Please email request for an Offering Memorandum.
Listing Courtesy of Gene Smith , First Republic Real Estate
features
Parking
Parking Lot
Additional Listing Type
In Contract
PROPERTY INFORMATION
Appliances
Free-Standing Range, Refrigerator
Cooling
Other
Heating
Wall Furnace
Parking Description
Parking Lot, Space Per Unit - 1, Other, Uncovered Parking Space
Listing Courtesy of Gene Smith , First Republic Real Estate