A doge is an elected chief of state lordship, the ruler of the Republic in many of the Italian city states during the medieval and renaissance periods, in the Italian "crowned republics".
The word is from a Venetian word that descends from the Latin dux (as do the English duke and the standard Italian duce and duca), meaning "leader", especially in a military context. The wife of a doge is styled a dogaressa. [1]
PROPERTY DESCRIPTION
This 5 unit property on Hanover Ave offers a great investment opportunity. There are two separate buildings with the main building being a 4 unit dwelling with an additional detached unit at the rear of the property. The 4 unit building consists of 4 very spacious 1 bedroom, 1 bath units, each with a living room, dining room, kitchen, bedroom, and bathroom. The rear building offers a 2 bedroom, 1 bath unit. The buildings total approximately 4,728 square feet (per public records) with 5 off-street parking spaces. Residents enjoy a shared garden area perfect for small gatherings. Shared coin-operated laundry. Based on the location and cap rate of 4.47, this property offers an excellent investment opportunity.
PROPERTY LOCATION
The property is located in the Cleveland Heights neighborhood only 1 block to Lake Merritt. The location is convenient to downtown Oakland and just minutes to the Lakeshore/Grand Avenue shops and restaurants. Public transportation is nearby along with highway 580 for those commuting.
291 HANOVER AVE, OAKLAND, CA 94610
$1,700,000
5
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