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2506 Highland Ave, Oakland, CA 94606

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For Sale

$899,000

2,265 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $396.91
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

High-Cash Flow Multi-Unit Property in Highland Terrace All Units Vacant! Don t miss this exceptional investment opportunity in the highly desirable Highland Terrace neighborhood. This multi-unit property is fully vacant and ready for you to place tenants at market rent or move in and house-hack while generating strong income. The main level features a spacious 4B/2B unit with a large living and dining room adorned with traditional crown molding. The kitchen includes Cherrywood cabinets and all appliances making it ideal as a comfortable primary residence. The garage has been thoughtfully converted into a separate 2B/1B unit, offering even more income potential. Back unit is a fully independent 2B/1B unit with its own PG&E and water meters, full kitchen, and bathroom perfect for separate tenants or extended family. The home sits on a generous lot with a decent-sized backyard, a wide driveway, and an automatic security gate for added convenience and privacy. Market rent estimates from Rentometer.com: * 4B/2B main unit: $3,500/month * Upper 2B/1B unit: $2,700/month * Lower 2B/1B converted unit: $2,500/month That s a potential gross rental income of $8,700/month, offering a rare opportunity for both investors and savvy buyers looking to live in one
MLS# 41101219

Courtesy Of RE/MAX Accord

(510) 739-4000

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Stucco, Wood Siding
  • Floor Covering
    Laminate, Tile, Wood
  • Heating System
    Forced Air

Map and Directions

Directions to 2506 Highland Ave, Oakland, CA 94606

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.