$1,250,000
Welcome to 2550 Damuth St, an exceptional multi-family investment opportunity perfectly positioned for the savvy owner-occupant. This impressive 4,003 square foot property features multiple well-appointed units, including an additional owner unit on the ground floor, making it ideal for live-in owners seeking rental income while enjoying their own private space. Owner unit needs work providing instant upside to this smart investment for the handy buyer. Located in a peaceful Oakland neighborhood with convenient access to Highway 13, this property offers the perfect blend of tranquility and connectivity. This low-maintenance building is easy to manage while generating $60K per year, steady cash flow from your tenants. Owner-occupied financing options make this an even more attractive opportunity for investors ready to make this their home base. You'll be just minutes from essential amenities, with Safeway grocery conveniently located nearby and the scenic beauty of Joaquin Miller Park offering outdoor recreation within easy reach. This is your chance to secure a prime piece of Oakland real estate that works as hard as you do, combining comfortable living with smart investment potential in one compelling package.
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Listed by Athena Stanford with Stanford Realty Group (925) 336-3365
Property Type
Quadruplex
Status
Active
MLS Number
41126396
Year Built
1968
Lot Size
3,149 sq ft