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Bay Area Properties
3088 Claremont Ave. @ The Uplands
Berkeley, CA 94705
Phone: 510-597-0292
CA BRE 01034286

diana yonkouski, broker/owner
510.368.1440 cellular

jamie pell, broker associate
415.531.3711 cellular
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Listing 19 out of 89
$2,550,000 For Sale

1728 Berkeley Way
Berkeley, CA 94703

Multi Family Home
6098 sq ft - MLS# ML81741638
Property Photo
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Description

Exceptional investment opportunity in a prime and desirable location of North Berkeley. High rental demand location. Approx. Cap @ 5%m, GRM @ 14.35 (Good location, Great potential). 5 two bedroom / one bath units and 1 one bedroom / one bath unit. Each unit individually metered for Gas and Electricity, 6 onsite parking spaces, onsite Coin-operated washer/dryer, updated units with double-pane windows and laminated flooring, 2 move-in ready units at market rent, Conveniently located near many amenities; 5 minutes to UC Berkeley campus, 2 minutes to North Berkeley Station, 4 minutes to Downtown Berkeley and Station, walk distance to parks, shops, restaurants, and bus lines. Easy access to 1-880 & 1-580. Don't wait, GREAT opportunity won't last!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Alameda County
  • Zip Code: 94703
  • Year Built: 1961
  • Age: 58
  • Sq.Ft.: 4,067 sq ft
  • # of Parking Spaces: 4
  • Lot Size: 6098 sq ft
  • Accessibility: Disabled Bath Feat, Disabled Kit Feat
  • Zoning: R2A
  • All Units Have: Refrigerator
  • Annual Gross Sched Inc: 178062
  • Annual Taxes: 14000
  • Annual Util Exp: 4596
  • Apx Lot Sq Ft: 6250
  • Cap Rate: 5.63
  • Flooring: Laminate, Tile
  • Heating: Wall Furnace
  • Net Oper Income: $143,613
  • On-Site Parking Desc: Off Site Parking
  • Operating Expenses: Electric, Gas, Water
  • Tenant Pays: Electric, Gas
  • Unit # 1 # Of Bedrooms: 2
  • Unit # 2 # Of Bedrooms: 2
  • Unit # 3 # Of Bedrooms: 1
  • Unit # 4 # Of Bedrooms: 2
  • Unit # 5 # Of Bedrooms: 2
  • Water/Sewer: Sewer System - Public, Water - Public
Courtesy of MLSListingsX



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