22774 4th ST new

Hayward,CA 94541

$ 1650000

2 Beds

1 Bath

4170 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,170 sqft

Price per Sqft $395

MLS Listing ID EB41112182

Bedrooms 2

Year Built 1954

Lot Size 10,500 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

22774 4th Street is a five-unit multifamily property in the heart of the Hayward. Built with classic 1954 architectural design, the building is comprised of five spacious 2-bed/1-bath units, each offering efficient layouts, natural light, and strong rental appeal; like attached cottages. Tenants have individual garages with additional storage and separate washer/dryer hookups and water heaters on the first level. Operating costs are minimized because tenants are responsible for separate utilities including PG&E and garbage; in addition, most units are integrated into a RUBS payment reimbursement for water further reducing owner expenses. Buyers should check with the City of Hayward regarding the potential to convert one of the units into a 3 bed/2 bath and add value by legally incorporating the additional square footage on first level. Plus there is empty space below another unit that could allow for an additional 2 bed/1 bath ADU and another potential studio.

Location

State CA

County Alameda

Area Hayward

Interior

Heating Wall Furnace

Cooling None

Flooring Hardwood

Exterior

Exterior Feature Stucco,Brick Veneer

Garage Spaces 8.0

Roof Type Tile

Building

Lot Description Grade - Sloped Up ,Regular

Sewer Sewer - Public

Water Public

Others

Special Listing Condition New,Not Applicable

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