1727 Oregon Street
Berkeley, CA 94703
0.12 acres | #41068342
Description
Discover a lucrative investment opportunity in the heart of Berkeley*This highly updated and well-maintained fourplex boasts a prime location just steps from world famous UC Berkeley campus, Ashby BART Station, AMTRAK, shops, theaters, restaurants & many attractions with vibrant amenities*Close to Major employer Alta Bates, UC Berkeley .Enjoy immediate cash flow with an estimated annual income of $144,000 and an impressive 6.1% cap rate*The property is meticulously updated with modern comforts, including central A/C and heat, washer and dryer, dishwasher, and stylish finishes in all four units*Maximize your return with substantial upside potential*Preliminary plans for two ADUs offer the chance to significantly increase property value and rental income*One downstairs unit will be delivered vacant, providing flexibility for owner occupancy and owner occupied interest rates or hand pick your own tenants and set new rents*Six dedicated parking spaces generate additional revenue*Don't miss this rare chance to own a cash-flowing asset with exceptional growth prospects in one of Berkeley's most coveted neighborhoods. Seize the opportunity!
Property Details
- Lot DescriptionBackYard, FrontYard, Yard
Measurements
- Acres0.124
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1966
Community and Neighborhood Details
- CountyAlameda
Financial Details
- Original List Price$1,865,000
Other
- MLS #41068342
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Charo Bhatt (#CCBE-206511103)
Listing Office: Coldwell Banker Realty (#CCBE-SCCB02)
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