Charming Cape Cod Style Triplex This well cared for Cape Cod with a peaked roof and dormer windows offers great upside potential for this Maxwell Park tenant occupied 3-unit property. A townhome style side-by-side set up creates many options including a perfect place for owner occupancy in one unit with potential rental income coming from the others, extended family compound, or investor income property. Quality craftsmanship redwood construction adds to the allure of this lovely setting. All units feature hardwood floors throughout; a living room, dining room with redwood paneling, and kitchen on the first floor; and a bedroom and bath with dormer windows on the second floor. The rear unit boasts a second bedroom on the first floor as well as a brick faced fireplace in the living room. Glassed pane French doors lead from the retro kitchens to back decks for barbequing and access to the fenced yard with established vegetable garden now producing veggies. There is also a front and side yard for more gardening options. A small detached art studio/office has new interior sheet rocked walls and a new roof. The main building has just had a new roof, gutters, and downspouts installed along with new plywood underlayment. A detached carport in need of repair offers possible expansion options for a future owner. There is off-street parking for 3 vehicles. Just a 5-minute drive to freeways, as well as shopping, restaurants, a gym, and coffee shops in the Laurel district; make this a fantastic opportunity. Rents are well below market rates so there is plenty of room for future increased profits.
Off market
Zestimate®
$828,700
2422 Frances St, Oakland, CA 94601
4beds
3baths
2,136sqft
MultiFamily
Built in 1944
-- sqft lot
$828,700 Zestimate®
$388/sqft
$2,988 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Other, Gas
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Hardwood, Linoleum / Vinyl
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,136 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport, Off-street
Features
- Exterior features: Wood
Lot
- Size: 7,000 sqft
Details
- Parcel number: 3624247
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
- Roof: Composition
Condition
- Year built: 1944
Community & neighborhood
Location
- Region: Oakland
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Estimated market value
$828,700