The subject property consists of two 4-unit buildings on one large 7,500 Sq Ft parcel. Both buildings consist of four 1-bed 1-bath units. One of the buildings is separately metered for all utilities while the other is paid by the landlord. Many of the rents are below market and offer substantial rental upside on turnover. Tour: Nov.5th, Nov.7th and Nov. 13th from Noon to 1PM.
Off market
Street View
Price Unknown
2901 Nicol Ave, Oakland, CA 94602
1beds
1baths
550sqft
MultiFamily
Built in 1940
-- sqft lot
$-- Zestimate®
$--/sqft
$3,027 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Cooling
- None
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 550 sqft
Property
Parking
- Total spaces: 4
Features
- Exterior features: Other, Stone, Stucco
Lot
- Size: 7,501 sqft
- Features: Corner Lot
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Oakland
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Flooring: Wood
- Sewer: Public Sewer
- HeatingYN: true
- Heating: Floor Furnace
- NumberOfUnitsTotal: 8
- LotFeatures: Corner Lot
- MaintenanceExpense: 6000
- TenantPays: Gas
- ExteriorFeatures: Other
- ParkingFeatures: Off Site
- CapRate: 4.58
- TotalActualRent: 0
- ProfessionalManagementExpense: 0
- Roof: Rolled Composition
- ConstructionMaterials: Stucco & Stone
- InsuranceExpense: 1852
- CoListAgentFullName: JOHN CARONNA
- MlsStatus: Active
- GrossIncome: 113687
- GrossScheduledIncome: 113687
- NetOperatingIncome: 63897
- OperatingExpense: 21203
- VacancyAllowance: 3410