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Natalie Miranda
marketing@thewhipplegroup.com$ 2,295,000
Est. payment | /mo
3,998 Sqft Lot
$ 2,295,000
Est. payment | /mo
3,998 Sqft Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Rockridge
MLS Listing ID 41107823
HOA Y/N No
Year Built 1958
Annual Tax Amount $35,863
Lot Size 3,998 Sqft
Property Sub-Type Apartment
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 See Remarks
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Roof Type Foam
Total Parking Spaces 4344
Building
Lot Description Street Level
Others
Tax ID 48A703814
Virtual Tour https://my.rcm1.com/handler/modern.aspx?pv=PGS_-rxXmc7F4dvTFkW3bxPux-vDOAvsDZx1SGS5RXI#_top
Listed by Joseph Owens Marcus & Millichap
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Natalie Miranda
Marketing Director | License ID: 02122928