5445 Broadway Active

Oakland,CA 94618

$ 2295000

- Bed

- Bath

4344 SqFt


Key Details

Property Type Commercial

Sub Type Apt Complex

Listing Status Active

Purchase Type For Sale

Square Footage 4,344 sqft

Price per Sqft $528

Subdivision Rockridge

MLS Listing ID 41107823

HOA Y/N No

Year Built 1958

Lot Size 4,000 Sqft

Property Sub-Type Apt Complex

Source Bridge AOR

Property Description

We are pleased to present 5445 Broadway, an 8 unit multifamily investment property located in the highly attractive Rockridge neighborhood of North Oakland. The property was built in 1958 and consists of 6 one bedroom units and 2 two bedroom units. Owner has completed many building improvements, reducing the potential capital expenses for the next owner. Building improvements include: polyurethane foam roof, earthquake retrofit, garage security gate, $100,000 in unit upgrades, replaced electrical boxes and deck / handrailing repairs to be complete by Close of Escrow. 5.87% Current Cap (6.59% Market Cap). 10.73 Current GRM (9.91 Market GRM).

Location

State CA

County Alameda

Interior

Heating Natural Gas,Wall Furnace

Cooling Other

Flooring Other

Fireplace No

Appliance Dryer,Washer

Building

Lot Description Level

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