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Better Homes Realty
OAKLAND, CA 94605
510-562-8600
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Listing 19 out of 99
$1,725,000 For Sale

2526 Ellsworth St.
Berkeley, CA 94704

4 units | Multi Family Home
0.97 acres - MLS# 40850617
Property Photo
1/30

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. 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!

Features

  • Property Type: Multi Family Home
  • Sub Type: FOURPLEX
  • Listing Status: Active
  • County/Area: Alameda County
  • Zip Code: 94704
  • Year Built: 1906
  • Age: 113
  • 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
  • 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
Courtesy of Alain Pinel, Realtors®, Josh Zielinski


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