5865 Marshall Street Active

Oakland,CA 94608

$ 1680000

- Bed

- Bath

3651 SqFt


Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,651 sqft

Price per Sqft $460

MLS Listing ID 41067914

Year Built 1908

Lot Size 4,400 Sqft

Property Description

Welcome to 5865 Marshall St. This fantastic 8-unit building is nicely located on the border of Emeryville. 5 minutes to the Amtrak station. Walk-able to Doyle Hollis Park and the popular Townhouse Bar and Grill Restaurant. 6 minutes to the famous Bay Street shopping center. You can also travel the world one bite at a time at the Public Market Food Hall. UC Berkeley is about 15 minutes away. Conveniently located on a quiet street. This charming well-maintained building has 8 1BR/1BA with high ceilings and separated PG&E meters. Upgrades included new laminated wooden floors, exterior and interior paint and new landscape improvements. There is also new Terra Cotta tile installed in a large, beautiful patio area, new French drain and fences. Sewer lateral is in compliance. Unit #4, #5 and #7 are totally renovated with high-end style. Owner unit #6 will deliver vacant at closing. Market rent is $1800.00. Excellent 34% upside in 6.96% cap rate. In high demand, offering an exceptional investment opportunity with great upside and stable income from long-term tenants. This truly is pride of ownership and will make any owner proud. Motivate Seller! OM is available as request. 3D tour https://my.matterport.com/show/?m=UAsuoXGFhB7

Location

State CA

County Alameda

Interior

Heating Electric,Forced Air,Individual Rm Controls,Wall Furnace,Hot Water,MultiUnits

Cooling Other,Multi Units

Flooring Laminate,Partial Carpeting,Stone,Tile,Wood

Building

Lot Description Regular,Front Yard,Street Light(s)

Water Public,Water District

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