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Additional details
Listed by Gregory Brock, DRE #02199259 • Coldwell Banker Realty
$1,399,000
Est. payment /mo
4 Beds
4 Baths
2,650 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,650 sqft
Price per Sqft $527
MLS Listing ID EB41150360
Bedrooms 4
Year Built 1943
Lot Size 5,693 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
Prime Berkeley Quadruplex Investment Opportunity! Fantastic multi-family investment opportunity located at 1283 University Ave, Berkeley, CA. This property is ideally situated in a prime East Bay location just a short distance from U.C. Berkeley and local schools including Rosa Parks Elementary, Realm Charter Middle School, and Berkeley High School. The 2-story building features 4 bedrooms, 4 full bathroom. Located near UC Berkeley! 4 units, all 1 BR and 1 BA. Tenants in all units. Gas range and water heater in each unit. Separate electric meters. Landlord pays water and garbage. On site parking. Newer windows, roof, and floors. Gross monthly rental income: $10,282. Gross annual income: $123,384. Gross annual expenses: $23,950.Situated on a 56' x 104' lot in Alameda County (APN: 57-2081-25). A compelling value-add prospect for savvy investors looking to establish or expand their portfolio in the vibrant Berkeley market. City of Berkeley, single-family homes and duplexes must comply with the Building Emissions Saving Ordinance (BESO) to obtain a Home Energy Score.
Location
State CA
County Alameda
Area Berkeley Map Area 4
Interior
Heating Other
Cooling Air Conditioning - None
Flooring Other
Laundry Other
Exterior
Exterior Feature Stucco
Parking Features Parking Area
Garage Spaces 4.0
Roof Type Other
Building
Lot Description Regular
Others
Special Listing Condition Not Applicable
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