Vacant Berkeley Triplex

Photos

Description

Extra-large triplex in a prime North Berkeley location with strong current cash flow and excellent rental upside. The unit mix is ideal and features two 4bd/2bth two-story townhome units and one 3bd/1.5bth unit. One 4bd/2bth unit will be delivered vacant at closing making a perfect set-up for an owner-occupant or investor seeking max market rent. The property was originally built in 1950, offers approximately 3,633 square feet of rental space, and sits on a 7,190 square foot lot with a large backyard, two garages, and ample room for parking. The property is easy to manage and separate metering for water, electric, and gas with tenants paying all garbage expenses, resulting in low annual operating expenses. The units are large and remodeled with modern kitchens featuring granite countertops, stainless steel appliances, custom molding, wood floors, new carpet and new paint. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner.

Features

Property type

Apartment

City

Berkeley

Surface

3633 sq ft

Rooms

15

Bedrooms

11

Bathrooms

6