$ 1,995,000
37073 Locust Street Newark, CA 94560
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Listed by Stephen Thaddeus Wawryk • KW Bay Area Estates
$ 1,995,000
Est. payment | /mo
3,422 SqFt
$ 1,995,000
Est. payment | /mo
3,422 SqFt
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,422 sqft
Price per Sqft $582
MLS Listing ID ML81982323
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1988
Lot Size 7,500 Sqft
Property Description
Discover a prime investment at 37073 Locust St - a triplex consisting of the unit mix: 3 Bedroom / 1.5 Bath townhome style units with 2 stories and a backyard area. All units have been updated in the past 10 years with new kitchen countertops, new bathroom tiles, and laminate flooring throughout, proving beneficial for both your immediate financial goals and long-term vision. With low current rents, there is upside with the average rents in Newark at $3,000 for similar properties. Conveniently located just a 12-minute drive from Meta Headquarters over the Dumbarton Bridge, these rental units are close to major employers and popular amenities, making them ideal for a growing rental market.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Fireplace No
Building
Water Public
Schools
School District Newark (510) 794-2141, Newark (510) 794-2141
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Paul LeJoy
Broker-Owner | Lic# 01467744