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$ 1,685,000
Est. payment | /mo
8,498 Sqft Lot
$ 1,685,000
Est. payment | /mo
8,498 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision North Berkeley
MLS Listing ID 41143329
HOA Y/N No
Year Built 1966
Lot Size 8,498 Sqft
Property Description
Welcome to 1246 Berkeley Way, presenting an opportunity to acquire a 7-unit multifamily apartment building in the heart of Berkeley, just off University Ave. Built in 1966 and spanning approximately 5,975 sqft of living space on an 8,497 sqft lot, this parcel offers two separate buildings with an ideal unit mix of four 3-bed x 1-bath units, one 3-bed x 2-bath unit, and two studio units. Studio unit B is vacant. There is off-street parking for 7 vehicles. Projected gross monthly rent is $14,662, or $175,944. Close proximity to North Berkeley BART, UC Berkeley, Berkeley Bowl, Restaurants and Shopping on 4th St, parks, public transportation, and the 80 Freeway makes it a turnkey investment opportunity in an incomparable location. Purchase individually or as part of a portfolio sale. Also available for sale is 5418 Telegraph Ave. Oakland (5 Unit), 712 56th St. Oakland (4 Unit), 3807 High St. Oakland (6 Unit).
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Total Parking Spaces 7
Building
Lot Description Street Level
Others
Tax ID 57208122
Listed by Stephanie Christmas KW Advisors East Bay #01308253
NEARBY SCHOOL & BUSINESS