Open House: Sun, Oct 20th 2:00 PM - 4:00 PM PDT

Active

5865 Marshall Street

Oakland CA, 94608

$1,680,000


Active

Residential

Built in 1908

Open house this Sunday 10/20/2024 1-4:00 PM. 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

41067914

MLS ID

July 26, 2024

Listed

October 14, 2024

Updated

Map

5865 Marshall Street
Oakland CA, 94608

Interior Features

Appliances

Gas Water Heater, Washer


Fireplace

No


Cooling

Yes


Cooling Description

See Remarks


Heating

Yes


Heating Description

Electric, Forced Air, Wall Furnace

Exterior/Building Features

Lot Size

0.1 Acres


Roof

Shingle

Other Property Details

Taxes

$30,240


Tax Frequency

Annually


Days on Market

80


Garage

No


Parking Total

2


View

No


County

Alameda


Pool

No

Listing History

Date

Event

Price

9/13/2024

Price change

$1,680,000

-7%

Open House Schedule

Sun, Oct 20th

2:00 PM - 4:00 PM PDT

Listed by Anna Li with Better Homes and Gardens RP
Listing Contact: 510-853-8810 

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