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Marilyn Schumacher
Marilyn Schumacher
Fusion Real Estate Network
Alameda, CA 94501

510-908-9021
Contact Me
CA BRE#00904530

Contact Me





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Listing 6 out of 85
$1,395,000 For Sale

2126 Eagle Ave
Alameda, CA 94501

4 units | Multi Family Home
5663 sq ft - MLS# 40841783 Courtesy of Exp Realty Of California Inc., Stephen Harper
Property Photo
1/20

Description

Do Not Disturb Tenants! Property Tours will require NDA and Verifiable Proof of Funds/Ability to Close. Maintained in very good condition with all units receiving updates during ownership. Units are in very good condition with only unit A in need of possible new paint. Originally a triplex it is now four units; two 2-bed 2-bath units, one 1 bed 1 bath unit and a non-conforming 1 bed 1 bath unit. See attached pictures of all units. All units separately metered except for the nonconforming unit. Gross Income Actual: 88,169$ Gross Income PROFORMA: $101,369. Net income Current: $66,156. Current Estimated CAP Rate is 4.74% using very liberal expense estimates. Likely current NOI is higher than estimated.

Features

  • Property Type: Multi Family Home
  • Sub Type: FOURPLEX
  • Listing Status: Active
  • County/Area: Alameda County
  • Zip Code: 94501
  • Year Built: 1906
  • Age: 112
  • High School: Alameda (510) 748-4000
  • Units: 4 units
  • Basement: Apt In Basement, Storage Area
  • Lot Size: 5663 sq ft
  • Addtl Misc. Features: None, Other
  • Annual Total Oper Exp: 22013
  • Cooling: No Air Conditioning
  • Elementary School Distric: Alameda (510) 748-4000
  • Equipment Additional: Dryer, Fire Alarm System
  • Existing Lease Terms: Month To Month, Security Deposit
  • Exterior: Composition Shingles, Wood Frame, Wood Siding
  • Flooring: Concrete Slab, Hardwood Floors
  • Heating: Wall Furnace
  • Laundry: Coin Operated, Common Room, Laundry Equip - Owned, Washer/Dryer Hookups
  • Lot Description: Regular
  • Lot Sq Ft Apx: 6026
  • Net Operating Income: $66,156
  • Operating Expenses: Electric, Garbage Collection, Gas, Insurance, Maintenance/Repair, Property Tax/Assessments, Vacancy Factor, Water
  • Park Spc Tot: 3
  • Parking Description: Garage Parking
  • Roof: Tile
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas
  • Unit 1: 1-Bedrooms, 1-Bathrooms
  • Unit 2: 2-Bedrooms, 2-Bathrooms
  • Unit 3: 2-Bedrooms, 2-Bathrooms
  • Unit 4: 1-Bedrooms, 1-Bathrooms
  • Water/Sewer: Water - Public
  • Yard Description: Back Yard, Front Yard, Side Yard
Courtesy of Exp Realty Of California Inc., Stephen Harper


510-908-9021 | Contact Me
Alameda, CA 94501
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