956 55Th St, Oakland, CA 94608
Duplex · 2 recorded sales since 2018
Sold September 2020
Listing Agent: JOEY WANG (DRE #01890931) · Listing Office: KELLER WILLIAMS REALTY · Contact: 925-934-2900 · Bought with: JOEY WANG · KELLER WILLIAMS REALTY · MLS #40914761 · Source: CRMLS
About this duplex
In an area where the average home price is $984,000, 956 55th street is something akin to a two-for-one sale. This duplex features a pair of two-bedroom units currently occupied by exceptional, professional tenants who pay their rent promptly every month, lending the current owners income stability and peace of mind. Located in one of North Oakland’s up and coming neighborhoods, this is a property that’s perfect for investors seeking a no-nonsense investment that delivers reliable cash flow without requiring any regular hassle. Speaking of cash flow, 956 55th street holds tremendous rental upside. The estimated market income as of today is $6,300 per month, a number that could continue to rise so long as the neighborhood continues along its current path of gentrification. The cherry on-top (literally) of this investment opportunity is the brand new roof the owners recently installed, which features solar panels and a 10+ year warranty.
Listing description from the September 2020 sale, as reported to CRMLS.
Sale history
