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$1,595,000
Est. payment /mo
5,153 Sqft Lot
Open 5/17 2PM-4PM
517 Stannage Ave Albany, CA 94706
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Open House
Sun May 17, 2:00pm - 4:00pm
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Albany
MLS Listing ID 41133629
HOA Y/N No
Year Built 1964
Lot Size 5,153 Sqft
Property Sub-Type Quadruplex
Property Description
Built in 1963, the 517 Stannage Avenue Apartments consist of Four (4) units in a two-story walkup apartment building. The building is built of wood frame construction with a stucco exterior. The apartment building contains approximately 3,452 square feet of gross building area set on a 5,151 square foot lot. The property has been well-maintained, showcasing the solid architectural bones of its era while serving as a reliable asset in a low-vacancy submarket. The property features a total of Four (4) two bedroom / one bath units estimated at 863 square feet each. A majority of the units have been substantially remodeled and feature kitchen upgrades such as granite countertops, new cabinetry, new appliances and designer light fixtures. The units feature beautiful hardwood flooring through much of the apartment while bedrooms are carpeted. Bathrooms contain small vanities, tiled floors, wall-mounted cabinets and bathtubs with surrounds. The 517 Stannage Avenue Apartments offer investors the opportunity to acquire a well-maintained, well-situated property with zero deferred maintenance in the highly desirable City of Albany. With a two-bedroom unit being kept vacant as a potential owner's unit, this asset will attract not only investors but also owner users. Located one block from El Cerrito Plaza, about half a mile from El Cerrito BART, and three blocks from Solano Avenue, making it highly attractive to renters, including professionals and students.
Location
State CA
County Alameda
Interior
Heating Forced Air, Natural Gas, Wall Furnace
Flooring Carpet, Tile, Wood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Carport
Total Parking Spaces 4
Building
Lot Description Back Yard
Others
Tax ID 67282423
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Nathaniel Reinke KW Advisors East Bay #01916819
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