1051-55 61st St 4-PLEX
Oakland, CA
An incredibly rare opportunity to acquire a well maintained “NOBE” Fourplex with (two) unit’s delivered Vacant plus a Vacant detached office space with full bath. Boasting 2,336±SF of living space features desirable unit mix of (3) 1BD/BA; (1) 2BD/1BA. In addition, the detached office space is tucked away in the rear of the property portioned behind automatic gate opener for maximum privacy. This massive 7,368±SF Lot can accommodate 11-parking space or is prime for potential ADU development. Water, gas & electric is separately metered including a fifth building meter. Projected Rental Income over 90K±/annually with add value opportunity & over 100K± in capital improvements.
Neighboring development adds style and sophistication to this trending neighborhood. Get your daily exercise along the Emeryville Greenway that extends from Berkeley 9th Street Bike Boulevard to Horton Street, to Mandela Parkway. Join friends for brunch at Paradise Park Café or one of the many diverse eateries at the Insta famous Sideshow Burgers or gather organic produce every Tuesday at the South Berkeley farmer's market.
Strategic access throughout the Bay Area makes “NOBE” the heart of the proper EastBay and one of the City’s most desirable submarkets.