956 55th Street
956 55th Street
$700,000
4
4
2,232
2,232
$314
Sold 9/25/20
Description
In an area where the average home price is $984,000, 956 55th street is something akin to a two-for-one sale. This duplex features a pair of two-bedroom units currently occupied by exceptional, professional tenants who pay their rent promptly every month, lending the current owners income stability and peace of mind. Located in one of North Oakland’s up and coming neighborhoods, this is a property that’s perfect for investors seeking a no-nonsense investment that delivers reliable cash flow without...In an area where the average home price is $984,000, 956 55th street is something akin to a two-for-one sale. This duplex features a pair of two-bedroom units currently occupied by exceptional, professional tenants who pay their rent promptly every month, lending the current owners income stability and peace of mind. Located in one of North Oakland’s up and coming neighborhoods, this is a property that’s perfect for investors seeking a no-nonsense investment that delivers reliable cash flow without requiring any regular hassle. Speaking of cash flow, 956 55th street holds tremendous rental upside. The estimated market income as of today is $6,300 per month, a number that could continue to rise so long as the neighborhood continues along its current path of gentrification. The cherry on-top (literally) of this investment opportunity is the brand new roof the owners recently installed, which features solar panels and a 10+ year warranty.
- Listed by JOEY WANG • DRE #01890931 • KELLER WILLIAMS REALTY
Property Details for 956 55th Street
City
OAKLAND
Building TypeDUPLEX
Property Sub TypeDUPLEX
Park Spaces Total0
Location
LISTING UPDATED: 09/28/2020 08:31 AM
Property Details for 956 55th Street
Status | Sold |
---|---|
MLS # | 40914761 |
Days on Compass | 18 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | RESIDENTIAL INCOME / DUPLEX |
Year Built | 1925 |
Lot Size | 0.03 AC / 1,480 SF |
County | Alameda County |
Location
Building Information for 956 55th Street
Stories-Residences2Year Built1925Building Size-Lot Size0.03 AC / 1,480 SF
Payment Calculator
$4,844 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 956 55th Street
Property History for 956 55th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 956 55th Street
Taxable ValueLand$218,484Additions$509,796Total$728,280
Tax Record2023$12,292 ($1,024 / month)
Home Facts
Total Finished SqFt2,232 SqFtAbove Grade Finished SqFt2,232 SqFtStories2Lot Size1,480 SqFtStyleDuplexYear Built1925CountyALAMEDAAPN15-1300-3-2
Schools near 956 55th Street
This home is within Oakland Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Sankofa United Elementary School PublicK to 5 | ||
Claremont Middle School Public6 to 8 | ||
Oakland Technical High School Public9 to 12 | ||
North Oakland Community Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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