About 1727 Oregon Street
Discover a lucrative investment opportunity in the heart of Berkeley*This highly updated and well-maintained fourplex boasts a prime location just steps from world famous UC Berkeley campus, Ashby BART Station, AMTRAK, shops, theaters, restaurants & many attractions with vibrant amenities*Close to Major employer Alta Bates, UC Berkeley .Enjoy immediate cash flow with an estimated annual income of $144,000 and an impressive 6.1% cap rate*The property is meticulously updated with modern comforts, including central A/C and heat, washer and dryer, dishwasher, and stylish finishes in all four units*Maximize your return with substantial upside potential*Preliminary plans for two ADUs offer the chance to significantly increase property value and rental income*One downstairs unit will be delivered vacant, providing flexibility for owner occupancy and owner occupied interest rates or hand pick your own tenants and set new rents*Six dedicated parking spaces generate additional revenue*Don't miss this rare chance to own a cash-flowing asset with exceptional growth prospects in one of Berkeley's most coveted neighborhoods. Seize the opportunity!
Features of 1727 Oregon Street
MLS® # | 41068342 |
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Price | $1,865,000 |
Bedrooms | 8 |
Bathrooms | 0.00 |
Square Footage | 3,000 |
Acres | 0.12 |
Year Built | 1966 |
Type | Residential Income |
Sub-Type | Quadruplex |
Status | Active |
Community Information
Address | 1727 Oregon Street |
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Area | Listing |
City | Berkeley |
County | Alameda |
State | CA |
Zip Code | 94703-2143 |
Amenities
Parking Spaces | 6 |
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Parking | Carport - 2 Or More |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Dryer, Washer |
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Heating | Forced Air |
Cooling | Central Air |
Fireplace | No |
Exterior
Exterior Features | Back Yard, Front Yard, Side Yard, Greenbelt |
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Lot Description | Regular |
Construction | Stucco |
Additional Information
Date Listed | August 1st, 2024 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Charo Bhatt |
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Office | Coldwell Banker Realty |