5201 Congress Ave, Oakland, CA 94601

$749,000
6
BD
3,031
SqFt

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Listed by Roland Osage, (925) 206-9799 from Real Brokerage Technologies
(If provided) CoList: Jerry Beverly from Compass

List Price
$749,000
MLS#
EB41153024
Status
ACTIVE
Sqft. of Residence
3,031
Lot Size
5,620
Listing Area
Oakland Zip Code 94601

Property Description

Set in East Oakland's established Fairfax neighborhood, 5201 Congress Ave is a fully leased 1920 fourplex built to earn its keep year after year. With every unit tenant-occupied on month-to-month terms, investors step into in-place income from day one. The building holds two 1-bed/1-bath & two 2-bed/1-bath units, each with its own address, plus a 2-car attached garage, an assigned parking space for every unit & storage on site. The corner lot & off-street parking help set this building apart from many older multifamily properties in the area, where on-site parking can be hard to come by. All 4 units have been updated over the years, so the building is ready to keep performing today while still leaving room for a new owner to add value. Inside, each unit lives simply & efficiently, with gas ranges, ceiling fans, double-pane windows & wall furnaces keeping things comfortable. Horace Mann Elementary sits right across Ygnacio Ave, & Foothill Blvd shopping, Fruitvale & Coliseum BART, I-580 & I-880 are all within about 2 mi for easy commutes. Whether you're adding to a growing portfolio or making your first move into multifamily, this is the kind of steady, low-drama asset that rewards a long-term hold. Come see it in person & discover how well 5201 Congress could work for you & your i

Additional Information

Acres
0.13
Cooling System
Window / Wall Unit, Ceiling Fan
Days On Market
Unknown
Energy Features
Double Pane Windows
Exterior Features
Siding - Wood
Floor Covering
Linoleum, Tile, Carpet - Wall to Wall, Concrete
Garage Parking
Assigned Spaces, Attached Garage, Spaces per Unit - 1, Parking Area, Access - Side Yard
Heating System
Wall Furnace
Living Area
3,031
Lot Size
5,620
Neighborhood
Oakland Zip Code 94601
Numberof Units
4
Roof
Rolled Composition
Unincorporated Yn
Yes
View
Hills, Forest / Woods, View of City Lights

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Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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