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37088 Spruce St.

Newark, CA 94560
  • $2,500,000
  • STATUS: Active
  • ON SITE: 149 Days
  • ID#: 40957058
UPDATED: 29 min ago
$2,500,000
  • 0
    BEDS
  • 22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,926
    SQFT
  • $637
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:
Area:

School Ratings & Info

Description

What a great opportunity to own this spacious 4 plex and the 6,250 sqft. lot behind the property that is zone for multi units. This 4 plex has one unit with 3 bedroom and 2 baths, the other units are 2 bedroom and 1 bath. This 4 plex has always been very well maintained and kept up to date. All units are occupied. Close to schools, parks and shopping. Easy access to Highway 84, 880, 680 and Dumbarton Bridge. A short drive to Facebook and Amazon. This 4 plex generates over $105,000 per year in income. Don't miss out on this opportunity

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Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-11-29T17:39:09.463.

www.stevebhalla.com/homes/118948236
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37088 Spruce St. Newark, CA 94560

  • Price: $2,500,000
  • Status: Active
  • On Site: 149 Days
  • Updated: 29 min ago
  • ID#: 40957058
0
Beds
0
Baths
0
½ Baths
22
Acres
3,926
SQFT
$637
$/SQFT
1966
Built
Neighborhood:
Newark
County:
Alameda
Area:
Newark
Property Description
What a great opportunity to own this spacious 4 plex and the 6,250 sqft. lot behind the property that is zone for multi units. This 4 plex has one unit with 3 bedroom and 2 baths, the other units are 2 bedroom and 1 bath. This 4 plex has always been very well maintained and kept up to date. All units are occupied. Close to schools, parks and shopping. Easy access to Highway 84, 880, 680 and Dumbarton Bridge. A short drive to Facebook and Amazon. This 4 plex generates over $105,000 per year in income. Don't miss out on this opportunity
Exterior Features

Additional Misc Features Other Exterior Stucco Lot Description Level Parking Description Garage ParkingParking Area Parking Spaces Total 8 Parking Spaces Unit1 2 Parking Spaces Unit2 2 Parking Spaces Unit3 2 Parking Spaces Unit4 2 Roof Tile Yard Description Fenced

Interior Features

Apx Sq Ft Unit1 1226 Apx Sq Ft Unit2 900 Apx Sq Ft Unit3 900 Apx Sq Ft Unit4 900 Basement None Bathrooms Unit1 2 Bathrooms Unit2 1 Bathrooms Unit3 1 Bathrooms Unit4 1 Bedrooms Unit1 3 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Cooling No Air Conditioning Fireplace Unit1 No Fireplace Unit2 No Fireplace Unit3 No Fireplace Unit4 No Flooring LinoleumCarpet Heating Wall Furnace Range Oven Unit1 Yes Range Oven Unit2 Yes Range Oven Unit3 Yes Range Oven Unit4 Yes Refrigerator Unit1 Yes Refrigerator Unit2 Yes Refrigerator Unit3 Yes Refrigerator Unit4 Yes

Property Features

Age 55 Annual Expense Year 9157 Annual Gross Fee Income 0 Annual Gross Sched Income 105000 Annual Insurance Expense 1357 Annual Maintenance Exp 600 Annual Management Expense 0 Annual Miscellaneous Inc 0 Annual Rental Inc 0 Annual Taxes 0 Annual Total Oper Exp 0 Annual Utility Expense 6600 Annual Vacancy Expense 0 Building Type Fourplex City Transfer Tax No Disclosures Other - Call/See Agent Equipment Additional None Existing Lease Terms Other Financial Data Source Other Other Annual Expense 0 Possession Coe Rent Unit1 2500 Rent Unit2 2200 Rent Unit3 2100 Rent Unit4 2000 Source Public Records Special Information None Tenant Pays ElectricGasTrash Terms CashConventional1031 Exchange Total Deposits 0 Water Sewer Sewer System - PublicWater - Public

Listing courtesy of Joe Rosa of Compass.


Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-11-29T17:39:09.463.

 
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