$1,950,000
$2,000,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
40853 High St Fremont, CA 94538
0.27 Acres Lot
Key Details
Sold Price $1,950,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Irvington
MLS Listing ID 40896225
Sold Date 03/23/21
HOA Y/N No
Year Built 1945
Lot Size 0.272 Acres
Acres 0.2722
Property Description
Have you been looking for a home in Fremont? Look no further. Come & buy this property, live in one unit & have the other 3 units pay your mortgage for you. You can choose to live in the massive 1900 sq. ft. 3 bedroom, 2 bathroom single family unit in the front or any of the 2 bed 1 bath in the back. Alternatively, you can opt to live in the 1 bed, 1 unit upstairs. Currently fully rented, all 4 units generate a whopping $128,000 per year. Depending on which unit you decide to live in, you may live for free & have your mortgage paid for by your tenants. And if you are an investor, you can enjoy a healthy cash flow. And did I tell you about the new BART station which is slated to open in 2026 just a few minutes away? Your property is located within the Transit Oriented Development (TOD), & is zoned as an R3-8, meaning that you can build up to 8 units on this lot, should you choose to do so. Parking is not an issue. I could go on & on. Just know you are buying something VERY good. Hurry
Location
State CA
County Alameda
Interior
Heating Forced Air
Cooling See Remarks
Flooring Laminate
Fireplace No
Appliance Washer
Exterior
Garage Carport, Garage, Garage Door Opener
Roof Type Shingle
Parking Type Carport, Garage, Garage Door Opener
Total Parking Spaces 4
Building
Lot Description Back Yard, Front Yard
Sewer Public Sewer
Others
Tax ID 52566133
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
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Bought with Paul LeJoy • The Money Market Inc