Investors or owner-occupiers! Vacant two-bed/one bath separate cottage ready for owner move in or new lease up. Maximize your investment potential with this four unit property in Oakland's Millmont neighborhood. This income-producing property currently generates $6,030/month on the front house alone and has even more potential thanks to the newly renovated and vacant, detached 2-bed/1-bath cottage located at the back of the property. Proforma rent on this property is $8,600/month. Situated on a spacious lot with two buildings, the front structure consists of three units including a newly built, 2-bedroom/1 bath ADU garage conversion unit. There is also a spacious 4 bedroom/1 bathroom top floor unit, and an additional 2 bedroom/1 bathroom unit. Rent the cottage out and enjoy a 7% Cap Rate! Each unit enjoys designated parking, adding convenience for residents. With a prime location near major commuter routes, shopping, and dining, this property offers strong rental demand and endless possibilities for investors or owner-occupants looking to offset their mortgage.

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May 2, 2025