Rare opportunity to own this retail/residential mixed-use property in Berkeley. It consists of 2 story with full basement comprise a total net rentable area of appro. 10k SF. Consists of 3,750 SF on the basement level, 3,750 SF on the first floor and a second level of appr. 2,500 SF. The ground floor has 2 st front stores rented to a grocery store and a spa make about $6,400 per month and second floor 1 store, 2 residential make about $4,000 per month plus the extra income from the huge basement. This offers the current cap rate to 5.11% and preformat cap rate to 6.59%. The property also has a great assumable loan at the rate of prime + 1% for 16&1/2 years. Incredible opportunity for investors! A Must See!!! Open House 4/3/2014 & 4/10/2014
Owners unit will be vacant. Charming, well cared for 4~Unit Property w updates and upgrades. Earthquake retrofitted. Hardwood floors, fireplaces, parking. An ideal Berkeley location, near BART (rapid transit to San Francisco, etc.), shopping, cafes. Convenient to UC Berkeley...
Desirable Elmwood district. 4 spacious one bedroom units fully rented. Hardwood floors. Retrofitted foundation. Large storage units. Easy access to BART, UC Berkeley, Whole Foods, College Ave restaurants, shops and more. Extra income from laundry and parking.
Duplex with mirroring side-by-side units. First time on the market in over 30 years. Hardwood floors, spacious, and light. 2 car garage with additional off street parking. Great location, close to BART, downtown, and campus. Tremendous potential.
A great investment opportunity. This wonderful 4 unit complex offers 1 bedroom ,&, 1 bath units, 3 of which are currently occupied. Each unit has plenty of closet space, hrdwd floors throughout, lots of natural sunlight, updated kitchens, baths and flooring, shared backyard ,&, entrance area. $ Reduced!