5865 Marshall Street
Oakland, CA 94608
0.10 acres | #41067914
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
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- Original List Price$1,800,000
- MLS #41067914
- MLS #41067914
- CountyAlameda
- Taxes Annual$30,240
- Cost1680000
- Acres0.101
- Year Built1908
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Anna Li (#CCBE-213500405)
Listing Office: Better Homes and Gardens RP (#CCBE-CCBHAUB)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
