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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Susan Koide, DRE #01922318 • Compass

$ 1,695,000

Est. payment | -/mo

8 Beds

4 Baths

4,432 SqFt

Save

$ 1,695,000

Est. payment | -/mo

Save

8 Beds

4 Baths

4,432 SqFt

Key Details

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,432 sqft

Price per Sqft $382

MLS Listing ID MR41089917

Bedrooms 8

Year Built 1959

Lot Size 6,000 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

First Time on the market in over 30 years, this attractive modern well-maintained Six-Unit apartment building represents an excellent investment opportunity. The 6 two-bedroom 1 bath units (one with bonus room /office) are well laid out and have remodeled or updated kitchens and Baths. The property produces good income with the property being offered at a Pro Forma 10.67 GRM and a 5.89% Cap Rate. Separate meters for gas and electric and separate hot water heaters help keep expenses low. 6-Car parking in front of the building. Common Laundry room. Rear yard with bike rack. New exterior paint. located in the vibrant West Berkeley neighborhood. This property is conveniently located near restaurants, cafes, shops, parks, and transportation. Call listing agents for marketing package, disclosure package, and showings. Sellers willing to consider seller financing with 30% down at 6% interest.

Location

State CA

County Alameda

Area Berkeley Map Area 7

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate, Carpet - Wall to Wall, Hardwood

Laundry Laundry Facility - Coin-Op, Washer, Community Facility, Dryer

Exterior

Exterior Feature Stucco

Parking Features Off-Site Parking

Garage Spaces 6.0

Building

Lot Description Grade - Level

Sewer Sewer - Public

Water Public, Heater - Gas

Others

Tax ID 561-919-201

Special Listing Condition Price Change, Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

1433 Dwight Berkeley, CA 94702