JUST LISTED | 7.45% CAP | 6 UNITS | OAKLAND 6619-6625 Bancroft Ave 6 Unit Apartment Building $1,543,775 CAD ($257,296 CAD/Unit) 7.45% Cap Rate Oakland, CA 94605

Introducing an exceptional investment opportunity at 6625 Bancroft Avenue in Oakland, California. This well-maintained 5,001-square-foot multifamily property consists of six residential units originally constructed in 1946. Located in Oakland's thriving Bancroft Business District, the property offers investors a rare combination of stable income potential, strong rental demand, and long-term appreciation. The building features six two-bedroom, one-bathroom apartments, providing an attractive unit mix for tenants seeking comfortable and functional living spaces. A key advantage of the property is that each unit is individually metered for both PG&E and water service, significantly reducing owner-paid utility expenses and enhancing overall cash flow. The property's efficient operating structure, coupled with its desirable location, creates an attractive opportunity for both seasoned investors and those looking to expand their multifamily portfolio. With its classic character, strong fundamentals, and income-generating potential, 6625 Bancroft Avenue represents a compelling acquisition in one of Oakland's established residential corridors. Don't miss this opportunity to own a valuable multifamily asset with the potential for continued growth and long-term returns.
Please DO NOT Disturb Tenants.
Disclosure: https://app.disclosures.io/link/6625-Bancroft-Avenue-0i8k8nd4
Virtual Tour:
• Unit 6621: https://my.matterport.com/show/?m=Wz2F2FSdcMo
Open House Schedules:
• Tuesday, June 23rd, between 12:00 PM and 1:00 PM
• Thursday, June 25th, between 12:00 PM and 1:00 PM
OFFERS DUE: Offers will be reviewed upon receipt.
Submit Offers Here: https://app.disclosures.io/link/6625-Bancroft-Avenue-0i8k8nd4