$ 1,680,000
5865 Marshall Street Oakland, CA 94608
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Listed by Anna Li • Better Homes and Gardens RP
$ 1,680,000
Est. payment /mo
Active
5865 Marshall Street Oakland, CA 94608
3,651 SqFt
UPDATED:
10/22/2024 06:36 AM
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
HOA Y/N No
Originating Board CONTRA COSTA
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
Fireplace No
Window Features Double Pane Windows,Window Coverings
Appliance Washer, Gas Water Heater
Exterior
Parking Type Off Site, Tandem, Uncovered Parking Space
Building
Lot Description Regular, Front Yard, Street Light(s)
Water Public, Water District
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