For Sale: Berkeley 4-Units

$ 1,295,000
1533 Julia St Berkeley

Description

4-unit apartment complex with remodeled units and high cash flow. The unit mix features four 2bd/1bth units with three units currently rented at high market rates. The fourth unit will be delivered vacant at closing making for a perfect set-up for an owner-occupant. The property was originally built in 1962, offers approximately 2,640 square feet of rental space, and sits on a 4,400 square foot lot with room for four off-street parking spaces. The occupied units provide stable and guaranteed income through City of Berkeley housing vouchers. The units have all been remodeled with newer kitchens and bathrooms, new wood flooring, new fixtures, double pane windows, updated electrical, and more. Other recent upgrades include a newer concrete driveway, fresh paint, a new fence, and low maintenance landscaping. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. **Listed by David Howarth with the Pinza Group. Call/text 510-822-1331 to for more information.

Address: 1533 Julia St Berkeley
Zip: 94703
Country: United States

Property Id: 21434
Price: $ 1,295,000
Property Size: 2,640 ft2

$ 6,639.72
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,020.97

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David Howarth