2649 62nd Avenue
2649 62nd Avenue
$1,025,000
—
3,289
3,289
$312
Virtual Tour
Description
50,000 PRICE REDUCTION, Seller Motivated. In today's high interest rate environment you must find unique buildings that will outpace inflation and cash flow immediately considering current interest rates. This property will deliver immediate cash flow returns while maintaining the growth potential in the rents due to having 4 subsidized tenants on HUD's VASH program for Veterans which guarantees rental collections and even has the ability to obtain rental increases above the allowable amounts for...50,000 PRICE REDUCTION, Seller Motivated. In today's high interest rate environment you must find unique buildings that will outpace inflation and cash flow immediately considering current interest rates. This property will deliver immediate cash flow returns while maintaining the growth potential in the rents due to having 4 subsidized tenants on HUD's VASH program for Veterans which guarantees rental collections and even has the ability to obtain rental increases above the allowable amounts for market rate Rent Controlled units. Beat the street by purchasing this excellent investment property!
- Listed by Mickelin Burnes-Browne • DRE #01082776 • Mickelin Burnes Browne, Broker • 408-569-0978
- Listed by Steven Peterson • DRE #01746140 • INFINITY INVESTMENTS
Property Details for 2649 62nd Avenue
MLS City Name
OAKLAND
Building TypeOther
Garage Spaces0
Parking Spaces4
ViewNone
Cross StreetBancroft 62 Ave
Location
LISTING UPDATED: 04/14/2024 08:51 AM
Property Details for 2649 62nd Avenue
Status | Active |
---|---|
MLS # | ML81951352 |
Days on Compass | 131 |
Taxes | $19,620 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1960 |
Lot Size | 0.09 AC / 3,760 SF |
County | Alameda County |
Location
Virtual Tour
Building Information for 2649 62nd Avenue
Stories-Residences-Year Built1960Building Size-Lot Size0.09 AC / 3,760 SF
Payment Calculator
$7,229 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2649 62nd Avenue
Property History for 2649 62nd Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2649 62nd Avenue
Taxable ValueLand$202,530Additions$472,760Total$675,290
Tax Record2023$13,792 ($1,149 / month)
Home Facts
Total Finished SqFt3,289 SqFtAbove Grade Finished SqFt3,289 SqFtStories2Lot Size3,760 SqFtStyleMulti-Family Res (5+ Units)Year Built1960CountyALAMEDAAPN38-3200-5-2
Schools near 2649 62nd Avenue
This home is within Oakland Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Greenleaf Elementary School PublicK to 8 | ||
Frick United Academy of Language Public6 to 8 | ||
Castlemont High Public9 to 12 | ||
East Oakland Leadership Academy CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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