Overview

Description

HAYLEN Real Estate is proud to present one of the most well maintained 5-unit building, with 3 fully renovated units plus a bonus unit for additional income, located in the Seminary neighborhood in Oakland.

Desirable unit mix of (4) 2 bedrooms, (1) 1 bedroom, plus bonus unit. Significant capital improvements completed, including new sewer lateral and replacement of original cast iron to PVC (to the main line), and cleanout; new exterior paint including fence and gate, maintenance repairs to garage, roof, gutters.

Gated building with 24-hour security camera system installed throughout the exterior. Key code access for entry, individual garages with additional drive-way space, plus ample street parking. Less than 10 minutes to two BART stations, convenient access to 880 and 580 freeways, great central location. May deliver up to 1 vacant unit at closing. Pro forma cap rate 7+. All information deemed reliable but not guaranteed, potential buyer to verify all.

View disclosures at: https://app.disclosures.io/link/5645-Bancroft-Avenue-edkl4tf5
Broker’s Tour Schedule: 8/12 11am - 1 pm & 8/15 11am - 1 pm

Highlights

• Well maintained
• 2 fully renovated units
• Significant capital improvements
• Gated with 24-hour security camera system
• Convenient location

Documents

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