Comm Ri Multi-units 5+ For Sale
4,934 Sqft - 1522 Prince St, BERKELEY, California 94703
Property Description
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!
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40897480
Price : $1,950,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,934 Sqft
Year Built : 1963
Lot Area : 0.16 Sqft
Features
Heating System : Wall Furnace
Roof : Tar And Gravel
Address Map
Country : US
State : CA
County : Alameda
City : BERKELEY
Zipcode : 94703
Street : Prince St
Street Number : 1522
Floor Number : 0
Longitude : W123° 43' 20.8''
Latitude : N37° 51' 4.9''
MLS Addon
Office Name : COMPASS
Building Type : Lowrise (1-3 Flrs)
Area : Berkeley Map Area 8
Address : 1522 Prince St
Cross Street : Sacramento
Directions to Property : Sacramento to Prince
LA1User Code : R01370959
LA1Agent First Name : WILLIAM
LA1Agent Last Name : CHARMAN
Status Category : Sold
Tot # Parking Spaces : 6
Tot # of Units : 6
List $/SqFt : $395
Age : 57
Apx Lot Sq Ft : 6,800 Sqft
Type of Building : Apt Complex
Annual Taxes : $24,000
Total Deposits : $0
ADDTL FEATURES MISC. : Other
DISABLED FEATURES : Other
EQUIPMENT ADDITIONAL : Other
EXTERIOR : Stucco
FLOORING : Other, Hardwood Floors
LOT DESCRIPTION : Level
ON-SITE PARKING DESC : Space Per Unit - 1
OPERATING EXPENSES : Janitorial, Other, Trash Removal
SEPARATE METERS : Electric, Gas, Water
SOME UNITS HAVE : Other
TENANT PAYS : Electric, Gas, Water
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Other
Census Tract : 4240.01
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $9,500
2nd Loan Balance : $157,908
Tot Other Loans : $490
Financial Data Verif(Y/N) : 5.5
FINANCIAL DATA SOURCE : Accountant
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,000,000
Sold Price : $1,750,000
Previous Price : $2,000,000
Sale $/SqFt : $0
