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$2,398,000

Est. payment - /mo

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7,034 Sqft Lot

Active

1716 Rose St Berkeley, CA 94703-1013

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/24/2024 04:52 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41073873

HOA Y/N No

Year Built 1963

Lot Size 7,034 Sqft

Property Description

To access the marketing package copy/paste: https://bit.ly/kitehillre Welcome to 1716 Rose St, a versatile and well-appointed property in the heart of North Berkeley. This multifaceted building offers an array of living options, including a spacious 2-bedroom, 1-bath unit that can be converted into a 4-bedroom residence, two charming 1-bedroom, 1-bath units with high ceilings, and two large 3-bedroom, 2-bath units. With over 4,251 square feet of total living space, each unit averages 850 square feet, providing ample room for comfortable, modern living. The on-site shared laundry facilities add convenience and appeal, making it an attractive option for both tenants and owner-occupiers. This property is an ideal turnkey investment opportunity. Historically a successful medium-term rental, 1716 Rose St is being sold fully furnished, allowing investors to step into immediate cash flow with nearly $20,000 per month in gross income. Its meticulously maintained condition, thanks to consistent rental demand, ensures a hassle-free purchase with strong in-place cash flow. Moreover, with all units potentially vacant upon sale, owner-occupiers have the rare chance to personalize their living space or handpick tenants to suit their needs. All units can be delivered VACANT.

Location

State CA

County Alameda

Interior

Heating Natural Gas

Flooring Wood

Fireplace No

Appliance Dryer, Washer

Exterior

Garage On Street

Parking Type On Street

Total Parking Spaces 2

Building

Lot Description Back Yard

Sewer Public Sewer

Others

Tax ID 59228323

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Jatin Mehta • Pellego

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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