REDUCED PRICE 9/20 to $1,479,000! $147,024 Annual Income with stable tenants at or close to market rent. Building consists of (6) 1bedroom1/bathroom units. GREAT South/Central Berkeley Location. Very Easy to Manage, Alarm & Fire System, Individual Parking Spaces. One Unit VACANT, all other Tenants are Section 8. 2023 Rent Increases can be Issued to Most Tenants - Market 7.7% CAP! Motivated Seller!!!
Sold for $1,450,000 on 12/11/23
$1,450,000
Derby St, Berkeley, CA 94703
--beds
--baths
3,515sqft
Five Or More Units
Built in 1910
-- sqft lot
$1,469,000 Zestimate®
$413/sqft
$3,234 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 21, 2024 at 01:37am
Listed by:
Neel Bhatia 01464424 408-828-4024,
Coldwell Banker Realty 925-935-7100
Bought with:
Willem Bos, 02013980
COMPASS
Source: MLSListings Inc,MLS#: ML81928592
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- None
Features
- Doors: None
Interior area
- Total structure area: 3,515
- Total interior livable area: 3,515 sqft
Property
Parking
- Total spaces: 6
- Parking features: Parking Area
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 6,621 sqft
Details
- Parcel number: 0541802011
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units
Materials
- Foundation: Wood Frame
- Roof: Other
Condition
- Year built: 1910
Utilities & green energy
- Gas: PublicUtilities
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & neighborhood
Location
- Region: Berkeley
Other
Other facts
- Listing agreement: ExclusiveRightToSell
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Estimated market value
$1,469,000