$2,688,000
Magnify is pleased to present 43238 Starr Street, a rare and expansive 4plex in a residential neighborhood of Fremont. Offered for the first time since its 1970 construction, the property spans 6,652 square feet per county records on a 0.21-acre lot, and features a unique unit mix of two 4-Bed/2-Bath units with two 3-Bed/2-Bath units. The property is delivered in turn-key condition, with all units remodeled and fully occupied as Airbnb rentals with immediate upside in room rates. The building has undergone capital improvements including solar panels for efficiency and updated flooring, appliances, kitchens and bathrooms. The asset is currently operated as a high-performing Airbnb, averaging approximately $17K per month in gross income. There is strong upside to increase room rates and rent the premium host suite which features a private bath, large private patio, and separate entrance. Located in a quiet, high-demand residential pocket of Fremont near major East Bay employment hubs, 43238 Starr Street offers a desirable investment with immediate cash flow and upside. With its massive square footage, modern upgrades, and pride-of-ownership history, this property stands out as a premier asset. The sale includes all furniture and fixtures for a seamless transition of operations.
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Listed by David Katz with Magnify Real Estate (877) 776-7718
Property Type
Quadruplex
Status
Active
MLS Number
ML82041824
Year Built
1970
Lot Size
9,230 sq ft