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Listed by Susan Koide • Compass
$ 1,695,000
Est. payment /mo
Active
1433 Dwight Berkeley, CA 94702
8 Beds
4 Baths
4,432 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,432 sqft
Price per Sqft $382
MLS Listing ID MR41089917
Bedrooms 8
Year Built 1959
Lot Size 6,000 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
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. Sellers willing to consider seller financing with 30% down at 6% interest.
Location
State CA
County Alameda
Area Berkeley Map Area 7
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Carpet - Wall to Wall, Hardwood
Laundry Laundry Facility - Coin-Op, Washer, Community Facility, Dryer
Exterior
Exterior Feature Stucco
Parking Features Off-Site Parking
Garage Spaces 6.0
Building
Lot Description Grade - Level
Sewer Sewer - Public
Water Public, Heater - Gas
Others
Tax ID 561-919-201
Special Listing Condition Price Change, Not Applicable
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