5445 Broadway new

Oakland,CA 94618

$ 2295000

- Bed

0 Bath

- SqFt


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

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