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Better Homes Realty
OAKLAND, CA 94605
510-562-8600
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Sold for $1,660,000 Sold

2526 Ellsworth St.
Berkeley, CA 94704

4 units | Multi Family Home
0.97 acres - MLS# 40850617
Property Photo

Sold

Sold for $1,660,000 on Jul 16, 2019

Description

Amazing opportunity for huge returns! Great Fourplex, excellent location! Walk to UC Berkeley South Campus, shops, restaurants, parks, & nightlife. Units currently filled with students. Seize the opportunity to turn this property into a money making machine!

Features

  • Property Type: Multi Family Home
  • Sub Type: FOURPLEX
  • Listing Status: Sold
  • Listing Price: $1,689,000
  • County/Area: Alameda County
  • Zip Code: 94704
  • Year Built: 1906
  • Age: 113
  • Units: 4 units
  • Fireplace: Yes, Yes
  • Lot Size: 0.97 acres
  • Addtl Misc. Features: Cable TV, Wired For, Extra Storage, Other
  • All Units Have: Dishwasher, Disposal
  • Annual Expense Year: 20809
  • Annual Gross Fee Income: $90,104
  • Annual Gross Sched Income: $90,104
  • Annual Insurance Expense: $1,609
  • Annual Miscellaneous Inc: 744
  • Annual Rental Inc: 90104
  • Annual Total Oper Exp: 20809
  • Annual Utility Expense: $3,600
  • Cooling: No Air Conditioning
  • Equipment Additional: Water Heater Gas, Tankless Water Heater
  • Existing Lease Terms: Month To Month, Other
  • Exterior: Shingles
  • Flooring: Hardwood Floors, Hardwood Flrs Throughout, Partial Carpeting
  • Heating: Forced Air 1 Zone
  • Laundry: Coin Operated, In Laundry Room
  • Lot Description: Level, Regular
  • Lot Sq Ft Apx: 4250
  • Net Operating Income: $69,295
  • Operating Expenses: Trash Removal, Water
  • Parking Description: Garage Parking, Off Street Parking
  • Roof: Composition Shingles
  • Separate Meters: Electric, Gas
  • Some Units Have: Updated Baths, Updated Kitchen, Fireplaces
  • Tenant Pays: Cable TV, Electric, Gas
  • Total Deposits: 90104
  • Unit 1: 1-Bedrooms, 1-Bathrooms
  • Unit 2: 2-Bedrooms, 1-Bathrooms
  • Unit 3: 2-Bedrooms, 1-Bathrooms
  • Unit 4: 1-Bedrooms, 1-Bathrooms
  • Water/Sewer: Sewer System - Public, Water - Public
  • Yard Description: Back Yard, Fenced, Patio, Storage
  • Sold Price: 1660000
  • Sold Date: 2019-07-16
Courtesy of Compass, Josh Zielinski


 Better Homes Realty | 510-562-8600 | Contact Us
5942 MacArthur Blvd. - OAKLAND, CA 94605
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