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%.
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Listing information last updated on May 24th, 2020 at 11:30pm PDT.