Triplex
Listing Agent: Willem Bos (DRE #02013980) · Listing Office: COMPASS · Contact: 415-660-9955 · Bought with: Willem Bos · COMPASS · MLS #41025986 · Source: CRMLS
3301 Arkansas St is a charming triplex in Oakland's upper Peralta Creek neighborhood. The property consists of 3 well-maintained townhome style units with multiple levels; 1 two one bedroom bath with an additional Den used as a bedroom currently, and 2 multilevel one bedroom one baths. Units have been tastefully renovated, and the building offers tenants in-unit laundry and private garages for all three units, along with the building is freshly painted. The property is also separately metered for gas, electricity, and water keeping overall owner expenses very low! The location offers easy access to the 580 freeway and is on a quiet, residential street. This well-maintained building is priced to sell with a strong entering cap rate of 5.44% and nearly a 40% upside still t be gained in the rent!
Listing description from the October 2023 sale, as reported to CRMLS.