1160 Powell St, Oakland, CA 94608

Property Description

Seller willing to offer buyer credit! THREE LIVING SPACES. MULTIPLE OPPORTUNITIES. ONE EXCEPTIONAL PROPERTY! Discover the possibilities with this versatile three-unit property offering an outstanding opportunity for multigenerational living, rental income, or a combination of both. The property features a spacious upstairs owner's residence, a separate one-bedroom apartment, and an additional studio apartment, providing three distinct living spaces with flexibility to accommodate a variety of needs and investment strategies. Live in the main residence while generating rental income from the additional units, create comfortable accommodations for extended family, or explore the possibilities of a multi-unit investment property. The inviting upstairs residence offers approximately 3 bedrooms and 1 bathroom, vintage character, high ceilings, crown molding, skylights, French doors, built-ins, and a gas fireplace. The expanded eat-in kitchen, sunroom, and separate laundry room add to the home's functionality and appeal. The two additional living spaces have been remodeled and offer their own laundry hookups, providing added convenience and flexibility. Outside, enjoy a spacious lot with mature fruit trees, rose bushes, drip irrigation, a concrete sitting area, and a storage shed. Additional features include an upgraded electrical panel, energy-efficient 75-gallon water heater, and improved drainage plumbing. All three living spaces will be delivered vacant. Whether you're looking to accommodate multiple generations under one property, offset your mortgage with rental income, expand your investment portfolio, or explore the potential of additional living arrangements, this property presents an opportunity worth considering. Potential ADU opportunity; buyer to independently investigate zoning, permits, feasibility, and all applicable requirements. A property with options, flexibility, and income potentialbring your vision and explore the possibilities!