First Time on the market in over 30 years, this attractive modern well-maintained Six-Unit apartment building represents an excellent investment opportunity. The 6 two-bedroom 1 bath units (one with bonus room /office) are well laid out and have remodeled or updated kitchens and Baths. The property produces good income with the property being offered at a Pro Forma 10.67 GRM and a 5.89% Cap Rate. Separate meters for gas and electric and separate hot water heaters help keep expenses low. 6-Car parking in front of the building. Common Laundry room. Rear yard with bike rack. New exterior paint. located in the vibrant West Berkeley neighborhood. This property is conveniently located near restaurants, cafes, shops, parks, and transportation. Call listing agents for marketing package, disclosure package, and showings. Sellers willing to consider seller financing with 30% down at 6% interest.
Property Details
Price:
$1,695,000
MLS #:
41089917
Status:
Active Under Contract
Baths:
0
Address:
1433 Dwight
Type:
Residential Income
City:
Berkeley
Listed Date:
Mar 18, 2025
State:
CA
ZIP:
94702
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
1959
See this Listing
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Schools
Interior
Appliances
Gas Water Heater
Cooling
None
Heating
Wall Furnace
Laundry Features
Dryer Included, Washer Included
Exterior
Construction Materials
Stucco
Parking Spots
6.00
Financial
Taxes
$29,505
Map
Community
- Address1433 Dwight Berkeley CA
- CityBerkeley
- CountyAlameda
- Zip Code94702
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1433 Dwight
Berkeley, CA
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