Property Detail

Description

This triplex brings in solid, predictable income with a 9.9% cap rate and about sixty nine thousand dollars in annual gross rent. All three units are occupied by long-term tenants, giving a buyer built-in stability from day one. The units sits behind a gated entry and includes three garage spaces plus three additional driveway parking spots, which is a rare bonus in this part of Oakland. It’s a straightforward investment for anyone looking for reliable returns, and it also leaves room for a future owner occupant who’s willing to navigate the city’s requirements. Arroyo Viejo neighborhood attracts residents who want value, convenience, and a neighborhood feel. It sits close to major transit routes, everyday services, parks, and community resources, making it easy for tenants to get where they need to go. This property won't last long. Contact agent for details!