$1,630,000
$1,747,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
6,499 Sqft Lot
SOLD DATE : 07/02/2024
Key Details
Sold Price $1,630,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41050896
Sold Date 07/02/24
HOA Y/N No
Year Built 1924
Lot Size 6,499 Sqft
Property Description
Nestled in the heart of Berkeley, with More than $185,000 in projected annual rental income! A very rare 5-Unit rental income property with APPROVED PLANS to ADD AN ADDITIONAL UNIT. this property presents a rare opportunity for investors or those seeking a versatile residential space. Boasting a mix of unit types, including three 1-bedroom, 1-bathroom layouts, one studio unit, and a generously sized 2-bedroom, 2-bathroom unit with the potential for a third bedroom, this property offers flexibility to suit various needs. Situated just minutes away from shopping, restaurants, the Berkeley Marina, hiking trails, parks, and convenient freeway access, residents will enjoy the vibrant lifestyle that Berkeley has to offer. This property's central location not only provides easy access to amenities and outdoor recreational activities but also positions it as an attractive investment opportunity in one of Berkeley's most sought-after neighborhoods. Whether you're looking to revitalize it for rental income or envisioning it as your next renovation project, this Berkeley gem invites you to bring your vision to life and make the most of its potential in this dynamic city.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling See Remarks
Flooring Laminate, Tile, Wood
Fireplace No
Exterior
Parking Features Garage
Total Parking Spaces 1
Building
Lot Description Back Yard, Yard
Sewer Public Sewer
Others
Tax ID 56200916
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Daniel Chein • Beacon Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "