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Listed by Dale Morris • Valley Brokers on Main
$ 3,385,000
Est. payment | /mo
7,344 SqFt
$ 3,385,000
Est. payment | /mo
7,344 SqFt
Key Details
Property Type Commercial
Sub Type Apt Complex
Listing Status Active
Purchase Type For Sale
Square Footage 7,344 sqft
Price per Sqft $460
MLS Listing ID 41039512
HOA Y/N No
Year Built 1964
Lot Size 0.336 Acres
Property Sub-Type Apt Complex
Source BAY EAST
Property Description
Rarely available in this area, 11 units one of which is a commercial unit that can be converted to a living unit. Fantastic upside to this building, rents are month to month and can be updated now. This building is located in the heart of Newark and only minutes from the big tech companies across the Dumbarton Bridge. Building was updated inside recently and painted outside; the commercial unit can easily be a residential unit. These don't come along that often. Great cap rate over 6%, Building just recently painted and updated in very good shape.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring Engineered Wood
Fireplace No
Appliance Dryer, Washer
Building
Lot Description Level
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227