2247 ivy dr Pending Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94606
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 41073115
Year Built 1941
Lot Size 5,000 Sqft
Property Description
This 5-unit multifamily investment opportunity located in the Ivy Hill neighborhood in Oakland California, offers a promising financial future. The 5,568 square foot property consists of three large 2 bedroom/1 bathroom units and two spacious 1 bedroom/1 bathroom units in a three-story building of wood frame and stucco construction. The property features private entries, central heating, new kitchens with stainless steel appliances, new bathrooms, and a low-maintenance landscape. Tenants are separately metered for PG&E, ensuring remarkably low operating expenses for new ownership. In addition, the building was recently seismically retrofitted, saving any investor the headache and cost of completing this big ticket item themselves. 2247 Ivy Dr is located in the desirable Ivy Hill neighborhood, just 3 minutes away from Oakland’s Lake Merritt. Tenants can enjoy all the lake activities, as well as nearby restaurants, cafes, parks, and shopping, making this property a sound investment with promising financial benefits.
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling None,See Remarks
Building
Water Other