309 63Rd St

Oakland, CA 94618
$1,595,000
Courtesy of Compass

Description

A rarely available 4 unit building ready for new occupants just off College Avenue in the highly desirable Rockridge district. Your steps away from popular Cole Coffee, Yasai market, Wood Tavern, La Farine Bakery, Ver Brugge butcher shop, Vino wine shop, Safeway and more. It's only a few blocks to Rockridge BART and on the AC Transit bus route for easy access to Berkeley or San Francisco, minutes to Trader Joe's, The Elmwood District, Market Hall and many fine restaurants and shops. This earns its 97 "Walker's Paradise" and 94 "Biker's Paradise" scores. Each unit is filled with light with windows on 3 sides, hardwood floors and vintage details throughout. Kitchens have ample cabinetry and doors to a small rear yard. Your living and sleeping spaces are joined by glass paned french doors. Plenty of storage on the ground floor level with soaring ceiling heights invites possibilities for expansion. Projected cap rate of 5%+ in one of the most sought after East Bay Neighborhoods makes this a fabulous investment opportunity.

  • Property Details
      • Lot description:BackYard, StreetLevel
      • Acres:0.0481
      • Property type:Multi-Family
      • Year built:1925
      • Sewer information:PublicSewer
      • Subdivision:ROCKRIDGE
      • County:Alameda
      • Original List Price:$1, 695, 000
      • MLS #:41072039
      • Cost:1595000
      • Property subtype:Quadruplex
      • MLS #:41072039

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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