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2005 Berkeley Way
For Sale $2,380,000
$2,380,000
- 6 Units
- Unknown Sq Ft
- 6,120 Sq Ft
- Unknown Cap Rate
Description
Pleased to present 2005 Berkeley Way, a 5-unit multifamily property located in a prime Berkeley location. The property consists of (1) 2 bedroom/2 bathroom cottage, (3) 2 bedroom/1 bathroom units, (1) 1 bedroom/1 bathroom unit, and 5 gated off-street parking spots. Improvements include unit renovations, upgraded electrical, and a new security gate The property is individually metered for WATER, gas, and electricity keeping expenses low. Being just steps away from the UC Berkeley campus, this property has steady turnover allowing for consistent rent growth. This is an extremely rare opportunity to acquire a great asset in a prized Berkeley location. 2005 Berkeley Way is ideally located for tenants commuting to all points of the Bay Area. Commuters utilizing public transportation will benefit from living one block from city bus lines and 0.3 miles from the Downtown Berkeley BART station. The property is two blocks from the UC Berkeley Campus providing a long-term stable tenant base and steps away from Shattuck and University Avenues allowing endless shopping and restaurant choices. Because of this property's attractive location, it will continue to demand premium tenants and maintain a very low vacancy rate.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,380,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 6 spots |
| Year Built | 1955 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 57205127 |
| MLS # | 41073440 |
| Property ID | 320858085 |
| Lot Sqft | 6,120 |
| Zoning | Unknown |
| Total Units | 6 |
| Days on Market | 71 |
| Original List Price | $2,480,000 |
| Applicances | Gas Water Heater,Washer% |
| Date Updated | October 25, 2024 |
| Date Created | September 17, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Timothy Warren an agent of NAI Northern California. Lic #02008347
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 25, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT