343 Somerset Rd, Oakland, CA 94611

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Listing courtesy of Ben H Faber from Compass

List Price
$1,295,000
Status
ACTIVE
Days on Market
30
MLS#
326071859
Subtype
Residential Income
Style
Mid-Century Modern
Year Built
1949
Living Area
2,588
Lot Size
7,113
Acres
0.16
Neighborhood
Oakland Zip 94611
MLS Area Major
Oakland Zip 94611

Property Description

Located near the border of Piedmont, this rare 4-unit property is a trophy investment opportunity. Each of the four 1 BD/1 BA units offers spacious living with abundant natural light. Every unit includes a garage, providing added convenience and value for tenants. The property features a common laundry area equipped with coin-operated washers and dryers, offering ease and accessibility. With market rent significantly higher than the current rent, this property presents an excellent opportunity to increase revenue and maximize your investment potential. Set on a tranquil street yet close to local amenities, shops, dining, and public transportation, this property is in an excellent location, allowing easy access to the vibrant energy of Montclair Village and also downtown Oakland. Don't miss out on acquiring this exceptional income-generating property!

Additional Information

Exterior Features
Private Yard
Property Description
Mid-Century Modern
Flooring
Carpet, Wood
Appliances
Gas Range, Refrigerator
Heating
Wall Furnace
Air Conditioning
None
Foundation
Concrete
Parking Features
Detached, Garage
Garage Spaces
4
View
Trees/Woods, Mountain(s), Trees/Woods

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