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ActivePrice Reduced 80 days on market

2550 Damuth St

Oakland, CA 94602

$1,198,888

$1,250,000

2550 Damuth St
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+34 more
Beds
Baths
Sq Ft
0.07Acres
1968Built

About This Home

PRICED BELOW MARKET......This Amazing Opportunity Will Not Last Long! Located at 2550 Damuth Street, this multi-family property presents a compelling opportunity for the owner-occupant buyer looking to combine comfortable living with steady rental income. The building spans 4,003 square feet, spread across multiple units. A dedicated 3 bedroom, 2 full bathroom ground-floor owner's unit, CURRENTLY VACANT, offers private backyard and spacious patio area providing peaceful living while the remaining units generate $60K+ annual income to help offset your mortgage payment each month. For investors, the numbers tell a strong story-multiple revenue-generating units under one roof mean consolidated management & lower per-unit operating costs. ALL 3 occupied units have been extensively upgraded and potentially maintenance free for years to come. Strategic upgrades in the owner's unit adds significant overall property value, delivering an Owner-Occupied Buyer a premium place to call home. The neighborhood speaks for it's self. The setting is truly serene. Nestled on a tree-lined street in a peaceful neighborhood renowned for tenant retention, this location is highly desirable to residents that appreciate tranquility without sacrificing accessibility. Daily conveniences include shopping and banking while the majestic redwood trails of Joaquin Miller Park offer an unparalleled outdoor retreat that consistently attracts quality tenants. Effortless connectivity to Highway 13 ensures swift passage throughout the greater Bay Area, adding yet another layer of desirability. Financing is easy; try FHA with 3.5% down. Here is your Golden Opportunity to own a highly desirable building with an affordable monthly mortgage payment. CALL FOR DETAILS.............

Property Details

Property TypeQuadruplex
Year Built1968
Lot Size0.07 acres
Parking Total8
HeatingNaturalGas,WallFurnace
PoolNo
MLS #1154750801
Days on Market80 days

Location

Listed by

Athena Stanford

Stanford Realty Group

MLS# CCBE-206510250

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

2550 Damuth St | Oakland, CA | Leeper Realty Group