Fantastic and fully leased income property consisting 6 units, each 2 bed/1 bath approximately 822 sq feet, on a large, 6800 sq ft south facing lot, including private parking for each apartment. Strong rents in a super desirable and convenient Berkeley location, 3 min. to Ashby BART, 5 min to North Berkeley, great access to UC Berkeley, Rockridge, Elmwood,Berkeley Bowl, and popular commutes. A well managed property with many recent upgrades. 5.5% Cap rate!
Off market
$1,910,571
1522 Prince St, Berkeley, CA 94703
2beds
1baths
822sqft
Lowrise (1-3 Flrs)
Built in 1963
-- sqft lot
$-- Zestimate®
$2,324/sqft
$2,849 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Wall
Cooling
- None
Appliances
- Laundry: Other
Features
- Flooring: Other, Hardwood
Interior area
- Total interior livable area: 822 sqft
Property
Parking
- Total spaces: 6
Accessibility
- Accessibility features: Other
Features
- Exterior features: Other, Stucco
- Has view: Yes
- View description: Territorial
Lot
- Size: 6,799 sqft
- Features: Level
Details
- Parcel number: 52154222
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Lowrise (1-3 Flrs)
Condition
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Berkeley
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Roof: Tar/Gravel
- HeatingYN: true
- Flooring: Hardwood, Other
- NumberOfUnitsTotal: 6
- ConstructionMaterials: Stucco
- LotFeatures: Level
- OperatingExpenseIncludes: Other, Trash, Janitorial
- TenantPays: Electricity, Gas, Water
- ExteriorFeatures: Other
- Heating: Wall Furnace
- OtherEquipment: Other
- LaundryFeatures: Other
- TotalActualRent: 0
- InsuranceExpense: 4500
- AccessibilityFeatures: Other
- VacancyAllowance: 0
- ParkingFeatures: Space Per Unit - 1
- CapRate: 5.5
- MlsStatus: Pending
- GrossIncome: 158317
- GrossScheduledIncome: 157908
- MaintenanceExpense: 9500
- NetOperatingIncome: 114125
- OperatingExpense: 43783
- ProfessionalManagementExpense: 6500
- PropertySubType: Lowrise (1-3 Flrs)