1246 Berkeley Way, Berkeley, CA 94702

$1,685,000

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List Price
$1,685,000
Status
ACTIVE
MLS#
41143329
Year Built
1966
Lot Size
8,497
Acres
0.20
Lot Location
Street Level
Days on Market
0
Property Type
Multifamily
Neighborhood
North Berkeley

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).

Additional Information

Heat
Wall Furnace
Cooling
Yes
Cooling Description
None
Exterior Construction
Stucco, Wood Siding
Attached Structure
Detached
Number Of Units Total
7

Listing courtesy of Listing Agent: Stephanie Christmas (1realchristmas@gmail.com) from Listing Office: KW Advisors East Bay.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.