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343 Somerset Road

Oakland, CA 94611
  • $1,500,000
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: 322048780
UPDATED: 36 min ago
$1,500,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,588
    SQFT
  • $580
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

Description

Located near the border of Piedmont, this rare 4 unit property is a great opportunity to acquire a trophy property. Four 1 BD/1 BA units. Each unit includes a garage. Coin-operated washer and dryer in the common area laundry room. The market rent is significantly higher than the actual rent. Opinion of market rent on 12/01/2019 was $2,200/unit (source: appraisal report). Excellent location and opportunity!

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© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Golden Gate Sotheby's International Realty. Data last updated: 2022-07-01T09:57:07.383.
www.jasonknowsmarin.com/homes/129503493
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343 Somerset Road Oakland, CA 94611

  • Price: $1,500,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 36 min ago
  • ID#: 322048780
4
Beds
4
Baths
0
½ Baths
0.16
Acres
2,588
SQFT
$580
$/SQFT
1949
Built
Neighborhood:
Oakland Zip 94611
County:
Alameda
Area:
Oakland Zip 94611
Property Description
Located near the border of Piedmont, this rare 4 unit property is a great opportunity to acquire a trophy property. Four 1 BD/1 BA units. Each unit includes a garage. Coin-operated washer and dryer in the common area laundry room. The market rent is significantly higher than the actual rent. Opinion of market rent on 12/01/2019 was $2,200/unit (source: appraisal report). Excellent location and opportunity!
Exterior Features

Carport Spaces 0 Covered Spaces 0 Independent Parking Spaces 0 Lot Features None Open Parking Spaces 0 Parking Features DetachedGarage Parking Total 4 Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 4 2 Bedroom Units Total 0 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling None Heating Wall Furnace Laundry Features Coin OperatedIn Common Area Studio Units Total 0

Property Features

Association Fee 0 Association YN No Auction No Availability Date 1800-01-01T00:00:00 Gross Income 71081 Property Sub Type Quadruplex Property Type Residentialincome Sewer Public Sewer Subtype Description Apartments Tenant Pays ElectricityGasTrash CollectionWater Water Source Public

Listing information © 2022 Bay Area Real Estate Information Services.
Listing courtesy of Faber Real Estate Team of Compass.


© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Golden Gate Sotheby's International Realty. Data last updated: 2022-07-01T09:57:07.383.
 
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