Bought with OUT OF AREA OUT • OUT OF AREA - NON MEMBER
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Key Details
Sold Price $3,150,000
Property Type Commercial
Sub Type Apt Complex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,344 sqft
Price per Sqft $428
MLS Listing ID 41039512
Year Built 1964
Lot Size 0.336 Acres
Property Sub-Type Apt Complex
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
Building
Lot Description Level
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