Active
2422 E 24th Street
Oakland CA, 94601
$999,888
$422.96 per sqft
Active
2,364 sqft
Multi-family
Built in 1902
This triplex offers an amazing opportunity to live in one home and rent the other two, or rent all three and you can make $11,961 monthly rental income. If you plan on living in one home you can take advantage of Fannie Mae's new rule allowing a minimum 5% down payment. If investing this checks all boxes and it passes the 1% rule, the 50% rule, and is comprised of a remarkable unit mix, consisting of a 5 bed/1 bath plus an additional upstairs laundry room and storage, a spacious 4 bed/ 1.5 bath, and a 2 bed/1 bath on a quiet street in the Meadow Brook neighborhood of Oakland. Recently renovated and reinforced in compliance with permits this property has new electrical, new copper plumbing, double pane windows, new roof, and is low maintenance with a nice tranquil backyard ideal for a communal garden. Individually metered for gas and electricity. Commuter friendly nearby Fruitvale Bart Station, Hwy 580 and 880. Come see this one for yourself!
ML81958343
MLSⓇ ID
March 20, 2024
Listed
April 22, 2024
Updated
Map
2422 E 24th Street
Oakland CA, 94601
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
No Air Conditioning
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.11 Acres
Roof
Composition Shingles
Sewer
Public Sewer
School Information
School District
Oakland (510) 879-8111
Other Property Details
Area Name
Oakland
Garage
No
View
No
County
Alameda
Water Source
Public
Pool
No
Zoning
R3
Buyer Agency Compensation
2.5%
Listed by Michael S Youssef with Arise Realty
Listing Contact: 650-212-4010
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