1727 Oregon Street
Berkeley, CA, 94703-2143
$1,865,000
Beds
0 Baths
SqFt
0.12 Acres
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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
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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

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1727 Oregon Street
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