This 5-unit multifamily investment opportunity located in the Ivy Hill neighborhood in Oakland California, offers a promising financial future. The 5,568 square foot property consists of three large 2 bedroom/1 bathroom units and two spacious 1 bedroom/1 bathroom units in a three-story building of wood frame and stucco construction. The property features private entries, central heating, new kitchens with stainless steel appliances, new bathrooms, and a low-maintenance landscape. Tenants are separately metered for PG&E, ensuring remarkably low operating expenses for new ownership. In addition, the building was recently seismically retrofitted, saving any investor the headache and cost of completing this big ticket item themselves. 2247 Ivy Dr is located in the desirable Ivy Hill neighborhood, just 3 minutes away from Oakland’s Lake Merritt. Tenants can enjoy all the lake activities, as well as nearby restaurants, cafes, parks, and shopping, making this property a sound investment with promising financial benefits.
MLS #
EB41073115
MLS Source
Bridge MLS
Days on Site
69
Appliances
Dryer, Washer
Flooring
Wood
Laundry
Community Facility
Cooling
Ceiling Fan, None, Other
Roof
Other
Water
Other
Complex Amenities
Other
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | – |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 980 | 1 | 0/0 | – | – | – |
2 | 1,250 | 2 | 0/0 | – | – | – |
3 | 980 | 1 | 0/0 | – | – | – |
4 | 1,250 | 2 | 0/0 | – | – | – |
5 | 1,250 | 2 | 0/0 | – | – | – |
2247 Ivy Dr is a Residential Income in Oakland, CA 94606. This 5,568 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,225,000 and was built in 1941.
This address can also be written as 2247 Ivy Dr, Oakland, CA 94606.©2024 Bridge MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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This listing information is up-to-date as of November 01, 2024. For the most current information, please contact Willem Bos, (916) 698-9954