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Amazing opportunity for huge returns! Great Fourplex, excellent location! Walk to UC Berkeley South Campus, shops, restaurants, parks, & nightlife. Units currently filled with students. Property has a vacant 3rd floor that is built out with 3 bedrooms, 1 bath, along with huge area to install a kitchen & separate entrance. Finished 3rd floor Not included in Sq. footage. Proforma for gross annual income is approximately $192,000. Seize the opportunity to turn this property into a money making machine!
Property Type: Multi Family Home
Sub Type: FOURPLEX
Listing Status: Active
County/Area: Alameda County
Zip Code: 94704
Year Built: 1906
Units: 4 units
Fireplace: Yes, Yes
Lot Size: 0.97 acres
Addl Property Description: Rent Out The Third Floor And Seize The Opportunity To Increase The Current Gross Income By Approximately $102k. Per Year!
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
Bay East (c)2019. CCAR (c)2019. bridgeMLS (c)2019. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information last updated on 2018-05-30 14:36:36.