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.
6,000 Sq Ft Exterior Space
Investment
$29,505 Annual Tax
Built in 1959
MLS/Listing ID 41089917
6 Units
Listing Courtesy of COMPASS, SUSAN KOIDE - 415-407-1382
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE