2307 Harrison St, Oakland, CA 94612

$1,150,000
3,168
SqFt
List Price
$1,150,000
Status
ACTIVE
Price Change
▼ $100,000 1718419722
Year Built
1908
MLS#
41060906
Living Area
3,168
Lot Size
3,788
Type
Multifamily
Zip
94612
city
Oakland
Neighborhood
Ca

Property Description

6.14% Cap Rate! The property is a well-maintained duplex located in Downtown Oakland just steps from Lake Merritt. The property consists of two (2) large 1,500+ square foot 3 bedroom 1.5 bathroom units, and three off-street parking spaces. The property offers beautiful 1920s architecture, period-appropriate details, and hardwood floors. In addition, the property is fully occupied by market-rate tenants delivering excellent day-one cash flow. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. The property is located in Downtown Oakland steps from Lake Merritt. This property is less than a mile from 19th Street BART with easy access to interstates 580 and 880 for seamless connection to the entire San Francisco Bay Area. Residents enjoy endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning a near-perfect Walk Score of 97!

Additional Information

Lot Description
Regular
Flooring
Hardwood Flrs Throughout
Heating
Wall Furnace
Cooling
No Air Conditioning
Exterior
Composition Shingles
Roof
Composition Shingles
Garageparking
Space Per Unit - 1
Water Sewer
Public
Building Type
Duplex
Acres
0.09

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Timothy Warren from NAI Northern California. 510-336-4719

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