Description
First Time on the market in over 30 years, this attractive modern well-maintained Six-Unit apartment building represents an excellent investment opportunity. The 6 two-bedroom 1 bath units (one with bonus room /office) are well laid out and have remodeled or updated kitchens and Baths. The property produces good income with the property being offered at a Pro Forma 10.67 GRM and a 5.89% Cap Rate. Separate meters for gas and electric and separate hot water heaters help keep expenses low. 6-Car parking in front of the building. Common Laundry room. Rear yard with bike rack. New exterior paint. located in the vibrant West Berkeley neighborhood. This property is conveniently located near restaurants, cafes, shops, parks, and transportation. Call listing agents for marketing package, disclosure package, and showings. Sellers willing to consider seller financing with 30% down at 6% interest.
Details
| MLS # | 41089917 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1959 |
| Days On Site | 116 |
| Listing Provided By | Compass | Susan Koide |
Features
| Units | 6 |
|---|---|
| Acreage | 0.14 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Gas Water Heater, Dryer, Washer |
Exterior
| Construction Materials | Stucco |
|---|---|
| Lot Features | Street Level |
Taxes
| Property | 29505 |
|---|
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Berkeley |
| Zip Code | 94702 |
 | $1,450,0001201 Dwight WayBerkeley, CA 94702 |
 | $1,625,0001718 Bancroft WayBerkeley, CA 94703 |
 | $1,625,0001718 Bancroft WayBerkeley, CA 94703 |
 | $1,777,0002118 CaliforniaBerkeley, CA 94703 |
