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Listed by Stephanie Christmas • KW Advisors East Bay
$ 1,685,000
Est. payment | /mo
5,975 SqFt
$ 1,685,000
Est. payment | /mo
5,975 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,975 sqft
Price per Sqft $282
Subdivision North Berkeley
MLS Listing ID 41143329
HOA Y/N No
Year Built 1966
Lot Size 8,497 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
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
Flooring Other
Fireplace No
Building
Lot Description Level
Water Public
Others
Special Listing Condition Standard
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