Welcome to 2318 Myrtle St in Oakland presents a remarkable investment prospect for those with a vision for transformation. This duplex isn't merely a renovation; it's a complete blank canvas, having been fully gutted and primed for the extensive renovation project of converting both the upstairs and downstairs units into spacious three-bedroom, two-bathroom residences. Moreover, exciting plans have already been submitted to the city, and the permit costs will be covered before the deal closes. This means that the property is on the cusp of transitioning from its current state to offering two remarkable three-bedroom, two-bathroom units, making it an even more appealing investment opportunity for those with the expertise to bring this vision to life. Calling all investors to seize this extraordinary opportunity and realize its full potential. What makes this property even more enticing is its proximity to major sports and entertainment venues. Being just a short drive from Oracle Park, home to the San Francisco Giants, and the Chase Center, where the Golden State Warriors play, it presents an ideal location for those looking to capitalize on the vibrant energy of the area. Current Market Rent for each unit $3500-$4000 per month)
Property Type :
ResidentialIncome
County :
Alameda
Style :
ResidentialIncome
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ByOwner last updated this listing 05/05/2024 @ 12:52
MLS: 223094043
LISTED BY: Herman Bhatti, GNN Real Estate
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
