Rare opportunity to acquire an excellent value add property in Hayward’s ‘Cherryland District’. Hayward is Dubbed the ‘Heart of the Bay Area’. This is your chance to own a 14 unit building on two lots (apn's) with a total lot size of 14,441 sq. ft. and an approximate 9,812 sq ft. building! 12 of the 14 units have garages and the other 2 have covered parking!
Huge upside potential! Raise rents through attrition and the updating of units. Bring this current 4.65% cap property to 7.89% or more!!
Discover the potential of this multi-family property located at 21641 Montgomery St. Boasting a collection of 14 uniform 2 bedroom, 1 bath units, each approximately 700 sq. ft., this investment gem is a rare find in today's market. This property offers both convenience and value to discerning investors.
Fresh exterior paint, new exterior common lighting, Pest and Home Inspection available upon request.
Convenience will never be a concern! Situated close to shopping, dining, Highways 880, 580, 92, 84, BART and other transportation allowing you ease of access to major local cities; Oakland, San Francisco, Palo Alto, San Mateo, San Jose; All being within a 30 mile radius.
Unit Mix:
14 -2 Bedroom, 1 Bath Units / Each Approximately 700 sq. ft.
12 Garages and 2 Covered Assigned Parking Spots