518 E 18th ST Open House Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94606
OPEN HOUSE
Thu Apr 17, 11:00am - 1:00pm Sat Apr 19, 11:00am - 1:00pm Sat Apr 19, 1:30pm - 3:30pm
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,332 sqft
Price per Sqft $269
MLS Listing ID MR41091723
Bedrooms 2
Year Built 1923
Lot Size 3,750 Sqft
Property Sub-Type Triplex
Property Description
Introducing Oakland's 518 E 18th Street-the perfect starter home for any buyer who wants to pair their first residence with a stable source of rental income. This 3,332 sq. ft., 3-unit building is divided between two 1BR/1BA units and a sizable commercial space. The commercial space and one of the units will be delivered occupied, while the third unit (a rear-facing 1BR) will be delivered vacant. This arrangement will provide the new owner with a quiet, spacious place to live as well as an immediate cash flow of $5,189 per month. This property enjoys lush garden space, a shared laundry room, secured entry, and dedicated parking. Originally built in the 1920s, it also benefits from classic design elements such as wood trim finishes and built-in storage. Multiple AC Transit stops and a BART station (Lake Merritt) are all located within a 1-mile radius of this listing for commuting ease. It is also near Kaiser Permanente, Highland Hospital, Alta Bates, Children's Hospital, and Laney College.
Location
State CA
County Alameda
Area Other Area
Interior
Cooling Air Conditioning - None
Flooring Tile,Wood
Laundry Washer,Community Facility,Dryer
Exterior
Exterior Feature Stucco,Wood Frame
Parking Features Parking Area
Garage Spaces 2.0
Roof Type Tar and Gravel
Building
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable