776 16Th Street

Description

HUGE PRICE IMPROVEMENT!!! PRIME LOCATION - $7K PER MONTH CASHFLOW – PLUS IN-LAW: Fantastic opportunity to own an updated property, with Victorian charm, and $7k per month cashflow. Gorgeous and spacious owners unit that can be configured as 3BDR, 2BATH or 4BDR 3BATH using in-law space. Property can potentially be delivered fully vacant. Walking distance to everything (Downtown, BART, Lake Merritt), and feet from the 880 and 980 freeways, making this property a commuter’s dream. The unique and spacious layouts currently includes (1) 3 bedroom, 2 bathroom unit, with attached in-law, and (1) 4 bedroom, 1 bathroom unit. Approximately $150K of significant upgrades within the past 9 years, including but not limited to: new foundation, new roof, some new plumbing, electrical, windows, tankless hot water heaters, and more. Unit 778 was completely renovated with all new major systems and appliances. Rental income for unit 778 includes in-law. Excellent walk, transit, and bike scores! Beautiful and spacious backyard perfect for entertaining. Must see property.

Listing information courtesy of: Nolan Jones, KELLER WILLIAMS TRI VALLEY REALTY . *Based on information from the Association of REALTORS/Multiple Listing as of 11/13/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.