37073 Locust Street
Newark, CA 94560
3422 sqft | 0.17 acres | #ML81982323
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.
Property Details
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$3,200,000
- MLS #ML81982323
- MLS #ML81982323
- Property SubtypeMixedUse
- CountyAlameda
- Taxes Annual$16,079
- Cost1995000
- Acres0.1722
- Utility SourcePublic
- School DistrictOther
- Square Feet3422
- Year Built1988
- Stories2
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Stephen Thaddeus Wawryk (#ML5093371)
Listing Office: KW Bay Area Estates (#ML89184)
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