Discover a lucrative investment opportunity in the heart of Berkeley*This highly updated and well-maintained fourplex boasts a prime location just steps from world famous UC Berkeley campus, Ashby BART Station, AMTRAK, shops, theaters, restaurants & many attractions with vibrant amenities*Close to Major employer Alta Bates, UC Berkeley .Enjoy immediate cash flow with an estimated annual income of $144,000 and an impressive 6.1% cap rate*The property is meticulously updated with modern comforts, including central A/C and heat, washer and dryer, dishwasher, and stylish finishes in all four units*Maximize your return with substantial upside potential*Preliminary plans for two ADUs offer the chance to significantly increase property value and rental income*One downstairs unit will be delivered vacant, providing flexibility for owner occupancy and owner occupied interest rates or hand pick your own tenants and set new rents*Six dedicated parking spaces generate additional revenue*Don’t miss this rare chance to own a cash-flowing asset with exceptional growth prospects in one of Berkeley’s most coveted neighborhoods. Seize the opportunity!
Property Details
Price:
$1,865,000
MLS #:
41068342
Status:
Active
Baths:
0
Address:
1727 Oregon Street
Type:
Residential Income
Subtype:
Quadruplex
City:
Berkeley
Listed Date:
Aug 1, 2024
State:
CA
ZIP:
94703
Lot Size:
5,400 sqft / 0.12 acres (approx)
Year Built:
1966
See this Listing
Mortgage Calculator
Schools
Interior
Flooring
Laminate, Carpet
Heating
Forced Air
Exterior
Lot Features
Back Yard, Front Yard, Yard
Parking Features
Carport
Parking Spots
6.00
Roof
Shingle
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address1727 Oregon Street Berkeley CA
- CityBerkeley
- CountyAlameda
- Zip Code94703-2143
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1727 Oregon Street
Berkeley, CA
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