2211 Haste Street, Berkeley, CA

$2,125,000

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10

Beds

3,281

Square feet

0.09

Acres

About 2211 Haste Street

To access the marketing package copy/paste: https://bit.ly/kitehillre. OFFERS MAY 22ND BY NOON. Discover an exceptional investment opportunity at 2209-2211 Haste, a recently renovated duplex in the heart of Southside Berkeley just 2 blocks to campus. With a strong in-place income, this property offers an attractive combination of reliable returns, attractive metrics, and substantial upside potential. This property generates $15,800/month, resulting in an impressive annual income of $189,600, ensuring a steady and consistent cash flow. Priced at a competitive 10.88 Gross Rent Multiplier (GRM) and a 6.01% Cap Rate, it immediately delivers value for savvy investors. Additionally the property offers significant upside – 25% growth in rents and comes with plans for a 2 bed, 1 bath ADU. (Permit expired – buyer needs to resubmit the previously approved plans for a new permit.) Tailored for the student rental market, 2209-2211 Haste offers a total of 10 bedrooms and 5 bathrooms, including a spacious 7-bedroom, 3-bathroom layout and a comfortable 3-bedroom, 2-bathroom unit. This versatility caters to the diverse needs of the student population. The property's prime location just steps from the University of California Berkeley, with remarkable walk, transit, and bike scores.

Features of 2211 Haste Street

MLS® # 41058871
Price $2,125,000
Bedrooms 10
Bathrooms 0.00
Square Footage 3,281
Acres 0.09
Year Built 1906
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 2211 Haste Street
Area Listing
City Berkeley
County Alameda
State CA
Zip Code 94704

Amenities

Utilities Individual Electric Meter, Individual Gas Meter
Parking None
Is Waterfront No
Has Pool No

Interior

Interior Features Storage
Heating Natural Gas
Cooling Ceiling Fan(s)
Fireplace No

Exterior

Exterior Features Back Yard
Lot Description Paved, Regular
Construction Wood

Additional Information

Date Listed May 8th, 2024
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJatin Mehta
OfficePellego

Listing Map

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