820 Athens Avenue, OAKLAND

$745,000

0 Beds
0 Baths
2,760 Sqft
.06 Acres
0 Garages

This fully vacant duplex located in up and coming West Oakland comes with fully approved plans and permits in hand. Located near Oakland's desirable Uptown Neighborhood, and 5 minutes from the 19th Street Bart Station, this property is a commuter's dream. Upon execution of the Plans, this property will consist of a 4 bedroom/3 bathroom unit downstairs and a 3 bedroom/2 bathroom unit upstairs. The projected rent for the downstairs unit is $3,945/mo and the projected rent for the upstairs unit is $3,215, making the annual gross rental potential $85,920. Including renovation costs, this property is being sold at a 6.3% cap rate, which is significantly higher than most rental properties currently on the market, making this the perfect opportunity for a savvy investor or for a homeowner looking to offset the cost of their mortgage.

Essential Information
MLS® #40896543
Price$745,000
Square Footage2,760
Acres0.06
Year Built1903
TypeResidential Income
Sub-TypeDUPLEX
StatusPending
Community Information
Address820 Athens Avenue
AreaOakland Zip Code 94607
CityOAKLAND
CountyAlameda
StateCalifornia
Zip Code94607
Amenities
FeaturesExtra Storage
ParkingOff Street Parking
Interior
HeatingNo Heat
CoolingNo Air Conditioning
Exterior
ExteriorStucco, Wood Shingles
Lot DescriptionNone
RoofComposition Shingles
Additional Information
Date ListedFebruary 24th, 2020
Listing Details
AgentTyler Abraham
OfficeIntero Real Estate Services
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Listing information last updated on March 28th, 2020 at 11:31pm PDT.