$1,120,000
$1,200,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
5,000 Sqft Lot
SOLD DATE : 08/16/2024
Key Details
Sold Price $1,120,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Ivy Hill
MLS Listing ID 41060495
Sold Date 08/16/24
HOA Y/N No
Year Built 1908
Lot Size 5,000 Sqft
Property Description
Welcome to this VACANT TRIPLEX in the vibrant Ivy Hill neighborhood. Conveniently located with quick access to Lake Merritt, restaurants, shops, parks, and public transportation. Ideal for both: House hackers who want to owner-occupy and offset mortgage expenses with rental income or seasoned investors. This triplex consists of one 2+ bed / 2 bath "owners" unit, one 1+ bed/ 1 bath unit, and one studio loft /1 bath unit with excellent income potential, a great location, and long-term value. All 3 apartments have been updated with newer kitchens, baths, electrical, plumbing, and double-pane windows. Fresh exterior and interior paint. Units are separately metered. Shared laundry is available in the 2nd-floor foyer. Sighted above the street, the front and rear yards offer valuable additional space for gardening and entertaining. The detached garage provides for off-street parking, generous storage, or a studio for makers. Vacant and ready for your personal touch!
Location
State CA
County Alameda
Interior
Heating Forced Air, Natural Gas, Wall Furnace
Flooring Tile
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Garage Garage
Roof Type Shingle
Parking Type Garage
Total Parking Spaces 1
Building
Lot Description Back Yard, Corner Lot, Front Yard
Sewer Public Sewer
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
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Bought with Kellie Parker • KW Advisors East Bay
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "