$ 1,500,000
343 Somerset RD Oakland, CA 94611
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Listed by Faber Real Estate Team • Compass
$ 1,500,000
Est. payment /mo
Active
343 Somerset RD Oakland, CA 94611
1,111 Beds
4 Baths
2,588 SqFt
UPDATED:
09/14/2024 10:00 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,588 sqft
Price per Sqft $579
MLS Listing ID 324066929
Bedrooms 1111
HOA Y/N No
Year Built 1949
Lot Size 7,113 Sqft
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!
Location
State CA
County Alameda
Area Oakland Zip 94611
Interior
Heating Wall Furnace
Cooling None
Exterior
Garage Detached, Garage
Garage Spaces 4.0
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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