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1
corntrollio
2011 Jun 20, 7:10am
This is the same area as the property mentioned in the other thread (http://patrick.net/?p=827537). The rent seems quite a bit more aggressive on this place than that mentioned on the properties in that thread. I can't believe someone paid $749K for this in 2005 -- the math never worked on this one.
2
OnTheFence
2011 Jun 20, 7:36am
OnTheFence
2011 Jun 20, 7:36am
Yeah, I posted the one you mention above.
There appears to be great deals in multi-family housing, at least in this section of Oakland.
Being that close to Whole Foods would be nice as well as the proximity to the lake.
What will something like this sell for that generates this much rental income?
Another good opportunity in Oakland.
Triplex, generating $4,500 in rent. On the market for $349k.
http://www.redfin.com/CA/Oakland/59-Hamilton-Pl-94612/home/1929238
Really curious to see how much this one goes for.
I've been looking at multi-family options in Oakland, the past few months haven't really seen much inventory under $425k. In the past few weeks though there have been a couple hitting the market that appear to be great opportunities.
What do you think this will sell for?
SF