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510-703-0356
Real Estate Company
5201 Congress Ave, Oakland, CA 94601
- $749,000
- 3,031
- SqFt
- List Price
- $749,000
- Status
- ACTIVE
- Year Built
- 1920
- MLS#
- 41153024
- Living Area
- 3,031
- Lot Size
- 5,620
- Type
- Multifamily
- Zip
- 94601
- city
- Oakland
- Neighborhood
- Fairfax
Property Description
Set in East Oakland’s established Fairfax neighborhood, 5201 Congress Ave is a fully leased 1920 fourplex built to earn its keep year after year. With every unit tenant-occupied on month-to-month terms, investors step into in-place income from day one. The building holds two 1-bed/1-bath & two 2-bed/1-bath units, each with its own address, plus a 2-car attached garage, an assigned parking space for every unit & storage on site. The corner lot & off-street parking help set this building apart from many older multifamily properties in the area, where on-site parking can be hard to come by. All 4 units have been updated over the years, so the building is ready to keep performing today while still leaving room for a new owner to add value. Inside, each unit lives simply & efficiently, with gas ranges, ceiling fans, double-pane windows & wall furnaces keeping things comfortable. Horace Mann Elementary sits right across Ygnacio Ave, & Foothill Blvd shopping, Fruitvale & Coliseum BART, I-580 & I-880 are all within about 2 mi for easy commutes. Whether you’re adding to a growing portfolio or making your first move into multifamily, this is the kind of steady, low-drama asset that rewards a long-term hold. Come see it in person & discover how well 5201 Congress could work for you & your investment goals.
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Additional Information
- View
- City Lights, Hills, Trees/Woods, City
- Lot Description
- Corner Lot, Back Yard, Paved
- Flooring
- Concrete, Linoleum, Tile, Carpet, Engineered Wood, Recycled Carpet
- Heating
- Wall Furnace
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
- Exterior
- Wood Siding, Redwood Siding
- Roof
- Rolled/Hot Mop
- Garage
- Yes
- Garageparking
- Attached, Carport, Parking Lot, Side Yard Access, Assigned, Space Per Unit - 1, Garage Faces Side, Uncovered Park Spaces 2+
- Water Sewer
- Public, Meter on Site, Water District
- Building Type
- Quadruplex
- Acres
- 0.13
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Listing courtesy of Roland Osage from Real Brokerage Technologies. 925-206-9799
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