1716 Rose St, Berkeley, CA

$2,398,000

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7

Beds

4,251

Square feet

0.16

Acres

About 1716 Rose St

To access the marketing package copy/paste: https://bit.ly/kitehillre Welcome to 1716 Rose St, a versatile and well-appointed property in the heart of North Berkeley. This multifaceted building offers an array of living options, including a spacious 2-bedroom, 1-bath unit that can be converted into a 4-bedroom residence, two charming 1-bedroom, 1-bath units with high ceilings, and two large 3-bedroom, 2-bath units. With over 4,251 square feet of total living space, each unit averages 850 square feet, providing ample room for comfortable, modern living. The on-site shared laundry facilities add convenience and appeal, making it an attractive option for both tenants and owner-occupiers. This property is an ideal turnkey investment opportunity. Historically a successful medium-term rental, 1716 Rose St is being sold fully furnished, allowing investors to step into immediate cash flow with nearly $20,000 per month in gross income. Its meticulously maintained condition, thanks to consistent rental demand, ensures a hassle-free purchase with strong in-place cash flow. Moreover, with all units potentially vacant upon sale, owner-occupiers have the rare chance to personalize their living space or handpick tenants to suit their needs.

Features of 1716 Rose St

MLS® # 41073873
Price $2,398,000
Bedrooms 7
Bathrooms 0.00
Square Footage 4,251
Acres 0.16
Year Built 1963
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 1716 Rose St
Area Listing
City Berkeley
County Alameda
State CA
Zip Code 94703-1013

Amenities

Utilities Individual Electric Meter, Individual Gas Meter
Parking Spaces 2
Parking Off Street
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Washer
Heating Natural Gas
Cooling No Air Conditioning
Fireplace No

Exterior

Exterior Features Back Yard, Garden
Lot Description Regular
Construction Wood Siding

Additional Information

Date Listed September 20th, 2024
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJatin Mehta
OfficePellego

Listing Map

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