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2209 E 22nd St - Duplex at 2209 E. 22nd Street, Oakland, CA 2 Unit Apartment Building Offered at $525,800 Oakland, CA 94606

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INVESTMENT HIGHLIGHTS

One Unit Will be Vacant for New owner to set Rent
Perfect for Your investment portfolio

Live in One and Rent the Other

EXECUTIVE SUMMARY

We have an exciting opportunity to share with you: a duplex property that needs some love and attention, but offers immense potential! This property features two 3-bedroom units and has been owned by the same family for over 60 years. The upper unit has been recently painted and boasts a functional layout, with one bedroom easily convertible into a home office. You'll appreciate the alluring high ceilings throughout the upper level and the abundance of natural light. This unit will be delivered vacant, offering a fantastic opportunity for an owner-occupant to live in one unit while collecting rent from the occupied lower unit. Situated on a spacious 7,000 square foot lot, this property also presents significant building potential for an additional dwelling. We recommend checking with the city regarding the current zoning for this parcel to explore the possibilities. This property is located in a very desirable pocket with limited inventory, featuring a tree-lined street with many beautiful turn-of-the-century homes. Whether you're a homeowner looking for a unique residence or an investor seeking a promising opportunity, this property is calling your name!

2029_E_22nd_Street

PROPERTY FACTS Under Contract

Price	$525,800	Lot Size	0.16 AC
Price Per Unit	$262,900	Building Size	1,720 SF
Sale Type	Investment	Average Occupancy	50%
Sale Condition	Deferred Maintenance	No. Stories	1
No. Units	2	Year Built	1900
Property Type	Multifamily Multifamily Apartments	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$525,800
Price Per Unit	$262,900
Sale Type	Investment
Sale Condition	Deferred Maintenance
No. Units	2
Property Type	Multifamily Multifamily Apartments
Lot Size	0.16 AC
Building Size	1,720 SF
Average Occupancy	50%
No. Stories	1
Year Built	1900
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.