Property Details
About this Property
This 5-unit multifamily investment opportunity located in the Ivy Hill neighborhood in Oakland California, offers a promising financial future. The 5,568 square foot property consists of three large 2 bedroom/1 bathroom units and two spacious 1 bedroom/1 bathroom units in a three-story building of wood frame and stucco construction. The property features private entries, central heating, new kitchens with stainless steel appliances, new bathrooms, and a low-maintenance landscape. Tenants are separately metered for PG&E, ensuring remarkably low operating expenses for new ownership. In addition, the building was recently seismically retrofitted, saving any investor the headache and cost of completing this big ticket item themselves. 2247 Ivy Dr is located in the desirable Ivy Hill neighborhood, just 3 minutes away from Oakland’s Lake Merritt. Tenants can enjoy all the lake activities, as well as nearby restaurants, cafes, parks, and shopping, making this property a sound investment with promising financial benefits.
MLS Listing Information
MLS #
EB41073115
MLS Source
Bridge MLS
Interior Features
Appliances
Dryer, Washer
Flooring
Wood
Laundry
Community Facility
Cooling
Ceiling Fan, None, Other
Exterior Features
Roof
Other
Parking, School, and Other Information
Water
Other
Complex Amenities
Other
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 980 | 1 | 0/0 | – | – | – |
| 2 | 1,250 | 2 | 0/0 | – | – | – |
| 3 | 980 | 1 | 0/0 | – | – | – |
| 4 | 1,250 | 2 | 0/0 | – | – | – |
| 5 | 1,250 | 2 | 0/0 | – | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2247 Ivy Dr is a Residential Income in Oakland, CA 94606. This 5,568 square foot property sits on a 5,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,225,000 and was built in 1941. This address can also be written as 2247 Ivy Dr, Oakland, CA 94606.
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This listing information is up-to-date as of December 19, 2024. For the most current information, please contact Willem Bos, (916) 698-9954
