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Residential Income - 8117 Ney Avenue, Oakland, CA

$1,090,000

8117 Ney Avenue, Oakland, CA

8117 Ney Avenue, Oakland, CA 94605 - $1,090,000 · Multi-Family Home for Sale, photo 1 8117 Ney Avenue, Oakland, CA 94605 - $1,090,000 · Multi-Family Home for Sale, photo 2 8117 Ney Avenue, Oakland, CA 94605 - $1,090,000 · Multi-Family Home for Sale, photo 3 8117 Ney Avenue, Oakland, CA 94605 - $1,090,000 · Multi-Family Home for Sale, photo 4 8117 Ney Avenue, Oakland, CA 94605 - $1,090,000 · Multi-Family Home for Sale, photo 5
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Description

Marcus & Millichap is pleased to present 8117 Ney Ave, a wellmaintained 4unit multifamily property located in Oaklands Eastmont Hills neighborhood. Built in 1947, the property totals approximately 3,277 SF on a 0.22acre lot and is 100% occupied. The unit mix consists of spacious 2 and 3bedroom units with individually metered gas and electric, mastermetered water, and gated driveway parking for 4 vehicles. Inplace rents are approximately below market, offering upside potential through future rent growth. Conveniently located near MacArthur Blvd, Eastmont Town Center, public transit, and with easy access to I580 and I880. A solid investment opportunity with stable income in an established East Oakland rental area.

Property details

Square feet
3,277
Year built
1947
Property type
Residential Income
Lot size
9,750 sqft

Location

8117 Ney Avenue • Oakland, CA 94605

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Listed by

Eymon Binesh · Marcus & Millichap

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Listing courtesy of Marcus & Millichap. Information deemed reliable but not guaranteed.

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Nalren Corp. · CA DRE #02423715