$1,025,000
Active
140 Days Online
0 Beds0 Baths3,289 SQFT
Active

2649 62nd AVE Oakland, CA 94605

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50, 000 PRICE REDUCTION, Seller Motivated. In today's high interest rate environment you must find unique buildings that will outpace inflation and cash flow immediately considering current interest rates. This property will deliver immediate cash flow returns while maintaining the growth potential in the rents due to having 4 subsidized tenants on HUD's VASH program for Veterans which guarantees rental collections and even has the ability to obtain rental increases above the allowable amounts for market rate Rent Controlled units. Beat the street by purchasing this excellent investment property!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyAlameda
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site139 Days
  • MLS StatusActive
  • MLS ID NumberML81951352
  • Home Size Source N/A
  • Year Built1960
  • Lot Size0.0863 Acres
  • Full BathsN/A
  • Partial BathsN/A

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