1049 43rd St, Emeryville, CA 94608

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List Price
$3,195,000
MLS#
41146335
Property Type
Multifamily
Sqft. of Residence
7,218
Lot Size
13,342
Region
Emeryville
Status
ACTIVE
County
Alameda
Acres
0.31
Year Built
1943
Parking Spaces
12

Property Description

The subject property consists of three multifamily buildings totaling 7,218 square feet, situated on a 13,342 square foot parcel, with a total of 12 1-bedroom, 1-bathroom units. With 8 of 12 units already renovated, these spacious and sophisticated unit renovations showcase modern design and aesthetic elements, including efficient layouts, stainless steel appliance packages, and upgraded finishes throughout. Due to its desirable location, the property benefits significantly from very low vacancy, tremendous tenant demand, and premium rental rates. With strong in-place cashflow, the property can achieve both attractive financing and significant cash flow upside with additional unit turnover.

Additional Information

Basement
None
Living Area
7,218
Lot Size
13,342
Possession
Other
Region
Emeryville
Subdivision
Emeryville

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Listing courtesy of NAI Northern California.

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