$3,425,000
$3,395,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
8,838 Sqft Lot
SOLD DATE : 03/04/2022
Key Details
Sold Price $3,425,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40974350
Sold Date 03/04/22
HOA Y/N No
Year Built 1922
Lot Size 8,838 Sqft
Property Sub-Type Apartment
Property Description
http://www.6425telegraph.com; Impeccably Located 12 Unit Mixed Use Building in the Coveted North Oakland/Berkeley Border; Ten Residential Units and Two Retail Spaces-100% Occupied with Fully Paying Tenants & Rental Income Upside; On Site Laundry, Parking, and an Appealing Exterior Design; 5.34% Current Cap & 12.56 Current GRM Allows From Cash Flow From Day One of Ownership & Rental Upside; Over $70,000 in Yearly Rental Upside Upon Turnover, Buyouts, Capital Improvement Pass Throughs, or Gradual Rent Increases; Less Than One Mile to Ashby BART and UC Berkeley, and Three Blocks to Whole Foods and Shopping; Email Agent For Complete Marketing Package
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Total Parking Spaces 12
Others
Tax ID 16142421
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Bought with David Newton COLDWELL BANKER RESIDENTIAL
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Managing Broker, JD | Lic# DRE# 01065018/02178736