1625 Prince St, BERKELEY

$1,350,000

0 Beds
0 Baths
6,750 Sqft
.15 Acres
0 Garages

Sunny and spacious 3,582 sqft 5 unit building in desirable Berkeley neighborhood and a hop skip away from UC Berkeley, BART, shopping, and restaurants. On a quite st. with Prince St. Mini Park one building away surrounded by many well maintained multifamily buildings. This building consists of 4 sunny spacious 2 bed/1 bath units and one 1 bed/1 bath unit. All units have a kitchen, living room, and ample storage closets. Each unit is metered separately (6 gas/5 electric meters). Building has newer windows, water heater and overall in good shape. Shared laundry room on site. 1 easy off street parking space for each unit. Rear yard allows for potential for a shared garden or common space. This is an amazing investment property with great potential for appreciation based on its location and the units. Property has lots of room for upside while still being a secure investment which is great for first time and savvy investors alike. Gross Scheduled Income of $90,126. Cap Rate of 5.9%.

Essential Information
MLS® #40897025
Price$1,350,000
Square Footage6,750
Acres0.15
Year Built1965
TypeResidential Income
Sub-TypeOTHER
StatusActive
Community Information
Address1625 Prince St
AreaBerkeley Map Area 8
CityBERKELEY
CountyAlameda
StateCalifornia
Zip Code94703
Amenities
FeaturesNone
Parking Spaces5
ViewOther
Parking

Off Street Parking, Parking Area, Side Yard Access, Spaces - Assigned, Space Per Unit - 1

Interior
CoolingNo Air Conditioning
Heating

Other Heat, Baseboard, Electric, Wall Furnace

Exterior
Lot DescriptionLevel
RoofRolled Composition
Exterior

Stucco, Wood Siding, Other, Siding - Stucco, Wood

School Information
DistrictBerkeley (510) 644-6315
Additional Information
Date ListedFebruary 27th, 2020
Listing Details
AgentGaylen Roberts
OfficeKELLER WILLIAMS REALTY
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Listing information last updated on May 24th, 2020 at 11:30pm PDT.