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2422 E 24th ST Oakland, CA 94601
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Key Details
Sold Price $965,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,364 sqft
Price per Sqft $408
MLS Listing ID ML81958343
Sold Date 07/29/24
Bedrooms 11
Full Baths 3
Half Baths 1
Year Built 1902
Lot Size 4,920 Sqft
Property Sub-Type Triplex
Property Description
*AUCTION* This triplex offers an amazing opportunity to live in one home and rent the other two, or rent all three and you can make $11,961 monthly rental income. If you plan on living in one home you can take advantage of Fannie Mae's new rule allowing a minimum 5% down payment. If investing this checks all boxes and it passes the 1% rule, the 50% rule, and is comprised of a remarkable unit mix, consisting of a 5 bed/1 bath plus an additional upstairs laundry room and storage, a spacious 4 bed/ 1.5 bath, and a 2 bed/1 bath on a quiet street in the Meadow Brook neighborhood of Oakland. Recently renovated and reinforced in compliance with permits this property has new electrical, new copper plumbing, double pane windows, new roof, and is low maintenance with a nice tranquil backyard ideal for a communal garden. Individually metered for gas and electricity. Commuter friendly nearby Fruitvale Bart Station, Hwy 580 and 880. Come see this one for yourself!
Location
State CA
County Alameda
Zoning R3
Interior
Heating Central Forced Air
Cooling None
Exterior
Parking Features Off-Street Parking
Utilities Available Public Utilities
Roof Type Composition,Shingle
Building
Story 2
Foundation Raised
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 026-0783-023
Security Features Window Bars with Quick Release
Horse Property No
Special Listing Condition Not Applicable
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Bought with Remy Fortier • eXp Realty of California
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Ramsin Jacob
Broker | Developer | Investor | NBA Player Agent | License ID: 02003060