MULTI-FAMILY BUILDING FOR SALE

California > Alameda > 94501 > Fernside

MULTI-FAMILY BUILDING FOR SALE - 2510 Central Ave, Alameda, CA 94501

MULTI-FAMILY BUILDING FOR SALE: 2510 Central Ave, Alameda, CA 94501

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For Sale

Office

For Sale

This property is available for sale

0.3

Acres

$6,689,000

Sale Price

Overview
•Price: $6,689,000
•$1,200,000 spent on recent property upgrades and renovations
•Over 10% upside in Gross Potential Rents
•Renovated units include in-unit laundry, new flooring, stainless steel appliance package, quartz countertops, and high-end bathroom fixtures
•Significant Capital Improvements: recently upgraded electrical system, roof replacement and complete exterior paint
•Potential addition of two ADU’s within existing building envelope

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Property Details

•Price: $6,689,000
•$1,200,000 spent on recent property upgrades and renovations
•Over 10% upside in Gross Potential Rents
•Renovated units include in-unit laundry, new flooring, stainless steel appliance package, quartz countertops, and high-end bathroom fixtures
•Significant Capital Improvements: recently upgraded electrical system, roof replacement and complete exterior paint
•Potential addition of two ADU’s within existing building envelope