22422 N Fifth St
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Sold

22422 N Fifth St

22422 N 5th St, Castro Valley, CA 94546

$1,895,000
Very clean GREAT long term investment 4-plex! May be able to build 2 ADU's with new state law. Close to Bart, 580, Trader Joes. Excellent long term tenants. Zero vacancy rate in the past 13 years! Low maintenance grounds. Newer washer/dryers in each unit! New roof in 2015. Next exterior paint 2020. Dual pane windows. All units remodeled in the past 6 years. Plenty of parking, 8 spaces off street (4 covered 4 open). Tenants all pay their own utilities except garbage. Separate PGE, water meters, hot water heaters and garbage each unit, no sharing anything! Rents are $2,100 per unit (below market) $100,800 gross per yr. Low operating costs $350 per month. Annual Net is approx. $96,600. Meticulously maintained by owner and home warranty company. 13 years of maintenance and repair records available. Termite, property and roof inspection on file. No rent control. Reports and disclosures : https://app.disclosures.io/link/22422-North-5th-Street-681vq4x4

3,192 Sq.Ft. LIVING AREA

7,500 Sq.Ft. lot

Features & Amenities

Interior

  • Laundry room 220 Volt Outlet, Dryer, Gas Dryer Hookup, Laundry Closet, In Unit, Laundry Equip - Owned, Washer, Washer/Dryer Hookups, In Kitchen, Stacked Only, Washer/Dryer Stacked Incl
  • Flooring Carpet, Engineered Wood
  • APPLIANCES Dishwasher, Disposal, Dryer, Washer, Gas Water Heater
  • other interior Features Updated Baths, Updated Kitchen, Shower Stall(s)

Area & Lot

  • Status Sold
  • Living Area3,192 Sq.Ft.
  • Lot Area7,500 Sq.Ft.
  • MLS® ID40987392
  • TypeMulti-Family
  • YEAR BUILT1961
  • View DescriptionOther
  • School DistrictHayward (510) 784-2600

Exterior

  • water SourcePublic
  • utilitiesCable Available, Internet Available, Individual Gas Meter
  • roofComposition Shingles
  • lot featuresLevel, Regular, Front Yard, Landscape Front
  • parkingCarport - 2 Or More, Covered, Off Street, Parking Lot, Assigned, Space Per Unit - 2, Other, Uncovered Parking Space, 4-7 Cars
  • HEAT TYPEWall Furnace
  • AIR CONDITIONINGCeiling Fan(s), No Air Conditioning
  • sewerPublic Sewer
  • other exterior FeaturesOther

Financial

  • Sales Price$1,895,000

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