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

510-908-9021
Contact Me
CA BRE#00904530

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Listing 6 out of 85
$1,395,000 New New

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 (Unit D) which is in the former basement and is incredibly well done. See attached pictures of all units. All units separately metered except for Unit D. 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: New
  • 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
  • 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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