$1,630,000
$1,747,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
2238 Roosevelt Ave Berkeley, CA 94703
3,282 SqFt
Key Details
Sold Price $1,630,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,282 sqft
Price per Sqft $496
MLS Listing ID 41050897
Sold Date 07/02/24
HOA Y/N No
Year Built 1924
Lot Size 6,500 Sqft
Acres 0.15
Property Description
Nestled in the heart of Berkeley with More than $185,000 in projected annual rental income! A very rare 5-Unit rental income property with APPROVED PLANS to ADD AN ADDITIONAL UNIT. this property presents a rare opportunity for investors or those seeking a versatile residential space. Boasting a mix of unit types, including three 1-bedroom, 1-bathroom layouts, one studio unit, and a generously sized 2-bedroom, 2-bathroom unit with the potential for a third bedroom, this property offers flexibility to suit various needs. Situated just minutes away from shopping, restaurants, the Berkeley Marina, hiking trails, parks, and convenient freeway access, residents will enjoy the vibrant lifestyle that Berkeley has to offer. This property's central location not only provides easy access to amenities and outdoor recreational activities but also positions it as an attractive investment opportunity in one of Berkeley's most sought-after neighborhoods. Whether you're looking to revitalize it for rental income or envisioning it as your next renovation project, this Berkeley gem invites you to bring your vision to life and make the most of its potential in this dynamic city.
Location
State CA
County Alameda
Area Listing
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling Other
Flooring Hardwood, Linoleum, Tile
Fireplace No
Building
Lot Description Regular, Back Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 56200916
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Bought with DanielChein