Active
5865 Marshall Street
Oakland CA, 94608
$1,680,000
$460.15 per sqft
Active
3,651 sqft
Multi-family
Built in 1908
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
December 13, 2024
Updated
Map
5865 Marshall Street
Oakland CA, 94608
Interior Features
Appliances
Washer, Gas Water Heater
Floor Description
Laminate, Partial Carpeting, Stone, Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Other, Multi Units
Heating
Yes
Heating Description
Electric, Forced Air, Individual Rm Controls, Wall Furnace, Hot Water, Multi Units
Exterior/Building Features
Lot Size
0.1 Acres
Lot Features
Regular, Front Yard, Street Light(s)
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
Oakland
Garage
No
Parking
Off Site, Tandem, Uncovered Parking Space
View
No
County
Alameda
Water Source
Sump Pump, Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
9/13/2024 | Price change | $1,680,000 -7% |
Listed by Anna Li with Better Homes and Gardens RP
Listing Contact: 510-853-8810
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