3301 Arkansas St, Oakland, CA 94602

$850,000
3
BD
2,545
SqFt

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Listed by Willem Bos, (916) 698-9954 from COMPASS
(If provided) CoList: from

Sold listing courtesy of Willem Bos from OBBCOMP

Sold Price
$850,000
List Price
$850,000
Closing Date
Oct 27, 2023
MLS#
EB41025986
Status
SOLD
Sqft. of Residence
2,545
Lot Size
5,000
Listing Area
Oakland Zip Code 94602

Property Description

3301 Arkansas St is a charming triplex in Oakland's upper Peralta Creek neighborhood. The property consists of 3 well-maintained townhome style units with multiple levels; 1 two one bedroom bath with an additional Den used as a bedroom currently, and 2 multilevel one bedroom one baths. Units have been tastefully renovated, and the building offers tenants in-unit laundry and private garages for all three units, along with the building is freshly painted. The property is also separately metered for gas, electricity, and water keeping overall owner expenses very low! The location offers easy access to the 580 freeway and is on a quiet, residential street. This well-maintained building is priced to sell with a strong entering cap rate of 5.44% and nearly a 40% upside still t be gained in the rent!

Additional Information

Acres
0.11
Age
74
Amenities
None
Cooling System
Other
Days On Market
Unknown
Exterior Features
Stucco
Floor Covering
Other, Carpet - Wall to Wall, Hardwood
Garage Parking
Enclosed
Heating System
Other
Living Area
2,545
Lot Size
5,000
Neighborhood
Oakland Zip Code 94602
Numberof Units
3
Roof
Other
Unincorporated Yn
Yes

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