Skip To Content

411 Stannage

Albany, CA 94706
  • $3,300,000
  • STATUS: Pending
  • ON SITE: 20 Days
  • MLS #: 41038573
Pending
UPDATED: 20 min ago
$3,300,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Tyler Clark of Lee & Associates (925-239-1412)


Description

411 Stannage Ave is a 10-unit multifamily property located in Albany, one of the Eastbays most desirable markets. Built-in 1962, this 7,352 SF property features a unit mix of (2) one-bedroom, one-bathroom units, and (8) two-bedroom, one-bathroom units. The units have been nicely maintained, offering spacious floor plans with many units featuring updated hardwood flooring throughout the living and bedroom areas, along with updated linoleum flooring and counters in the kitchens. Property amenities include garage parking, individual storage lockers, and coin-operated laundry. Located at the end of a quiet street, the property neighbors the El Cerrito Plaza, is less than a 1/2 mile from the El Cerrito Bart Station, and just a few blocks away are the amenity-rich Solano Ave and El Cerrito Ave. Albany is known for its charming urban suburban neighborhood with top-rated schools and an abundance of restaurants, coffee shops, bars, and shopping, all within close proximity. This is truly an incredible opportunity to acquire a well-maintained property with strong rental upside in one of the Eastbays most sought-after markets. CALL OR EMAIL FOR A COMPLETE OFFERING MEMORANDUM.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T18:37:03.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/143238400
Print Image

411 Stannage Albany, CA 94706

  • Price: $3,300,000
  • Status: Pending
  • On Site: 20 Days
  • Updated: 20 min ago
  • MLS #: 41038573
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1962
Built
County:
Alameda
Property Description
411 Stannage Ave is a 10-unit multifamily property located in Albany, one of the Eastbays most desirable markets. Built-in 1962, this 7,352 SF property features a unit mix of (2) one-bedroom, one-bathroom units, and (8) two-bedroom, one-bathroom units. The units have been nicely maintained, offering spacious floor plans with many units featuring updated hardwood flooring throughout the living and bedroom areas, along with updated linoleum flooring and counters in the kitchens. Property amenities include garage parking, individual storage lockers, and coin-operated laundry. Located at the end of a quiet street, the property neighbors the El Cerrito Plaza, is less than a 1/2 mile from the El Cerrito Bart Station, and just a few blocks away are the amenity-rich Solano Ave and El Cerrito Ave. Albany is known for its charming urban suburban neighborhood with top-rated schools and an abundance of restaurants, coffee shops, bars, and shopping, all within close proximity. This is truly an incredible opportunity to acquire a well-maintained property with strong rental upside in one of the Eastbays most sought-after markets. CALL OR EMAIL FOR A COMPLETE OFFERING MEMORANDUM.
Exterior Features

Lot Features Street Level Parking Total 10

Interior Features

Appliances DryerWasher Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Cap Rate 4.61 Listing Service Full Service Net Operating Income 152059 Property Sub Type Apartment Tax Annual Amount 62209 Tenant Pays Gas



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T18:37:03.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371905436-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371905436-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371905436-2.jpg
Logo
The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Tyler Clark of Lee & Associates (925-239-1412)