Bridge Street Apartments

Sold For $735,000

Units 7

PROPERTY DESCRIPTION

The Bridge Street Apartments is a bread and butter, wood frame and stucco, seven unit apartment building. It has high-quality tenants and has been professionally managed. The current owner has spent over 100k in capital improvements over the past three years renovating each unit and painting theexterior. The subject property has garage parking for four cars, is very low maintenance and has some upside in rents. Bridge street is one of the quietest tree lined streets in Fruitvale and is walking distance to BART. This property is located on a corner lot. Additional capital improvements include new tile and flooring, new light fixtures, remodeled bathrooms, and much more!

FEATURES

• Six blocks to Fruitvale BART

• Excellent curb appeal

• Four car garage parking

• Over 100k in capital improvements

• Turn key quality property

LOCATION

The property is located in Oakland’s Fruitvale neighborhood, two miles south of Lake Merritt and walking distance to Fruitvale Bart, AC Rapid Transit, shopping centers, and dining. Recently, Fruitvale has been experiencing rapid renovation. In 2004, the Unity Council opened the Fruitvale Transit Village.

The "Fruitvale Village" has become a model of transit-oriented development, showcasing a mixture of retail and housing integrated with public transportation.