Description
$100,000 price reduction! Extra-large triplex in a prime North Berkeley location with strong current cash flow and excellent rental upside. The unit mix is ideal and features two 4bd/2bth two-story townhome units and one 3bd/1.5bth unit. One 4bd/2bth unit will be delivered vacant at closing making a perfect set-up for an owner-occupant or investor seeking max market rent. The property was originally built in 1950, offers approximately 3,633 square feet of rental space, and sits on a 7,190 square foot lot with a large backyard, two garages, and ample room for parking. The property is easy to manage and separate metering for water, electric, and gas with tenants paying all garbage expenses, resulting in low annual operating expenses. The units are large and remodeled with modern kitchens featuring granite countertops, stainless steel appliances, custom molding, wood floors, new carpet and new paint. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. The property is ideally located near many restaurants, coffee shops, and shopping options and is around the corner from Headlands Brewing, Berkeley Bagels, Praaw Thai, Coffee Conscious, and Kiku Sushi. The property is in close proximity to UC Berkeley, BART, and other forms of public transportation making this a high-demand location for tenants.
Details
| MLS # | 41136697 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 95 |
| Listing Provided By | The Pinza Group, Inc | David Howarth |
Features
| Units | 3 |
|---|---|
| Acreage | 0.17 |
Interior
| Cooling | See Remarks |
|---|---|
| Heating | See Remarks |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Construction Materials | Stucco |
|---|
Parking
| Parking Features | Garage, Guest |
|---|---|
| Garage Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Berkeley |
| Zip Code | 94702 |
| Community Name | NORTH/WEST |
| Listing VS Median (in NORTH/WEST) | |
Price: $1,449,000 low | high Med: $0 On site: 95 low | high Med: | |
Market Activity 94702
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Berkeley |
| Zip Code | 94702 |
| Community Name | NORTH/WEST |
| Listing VS Median (in NORTH/WEST) | |
Price: $1,449,000 low | high Med: $0 On site: 95 low | high Med: | |
