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$1,800,000

Est. payment - /mo

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5,998 Sqft Lot

Active

1433 Dwight Berkeley, CA 94702

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The Brandon Drew Group

financing@tbdgmortgage.com +1(909) 944-8800

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41089917

HOA Y/N No

Year Built 1959

Annual Tax Amount $29,505

Lot Size 5,998 Sqft

Property Description

First Time on the market in over 30 years, this attractive modern well-maintained Six-Unit apartment building represents an excellent investment opportunity. The 6 two-bedroom 1 bath units (one with bonus room /office) are well laid out and have remodeled or updated kitchens and Baths. The property produces good income with the property being offered at a Pro Forma 10.67 GRM and a 5.89% Cap Rate. Separate meters for gas and electric and separate hot water heaters help keep expenses low. 6-Car parking in front of the building. Common Laundry room. Rear yard with bike rack. New exterior paint. located in the vibrant West Berkeley neighborhood. This property is conveniently located near restaurants, cafes, shops, parks, and transportation. Call listing agents for marketing package, disclosure package, and showings. Sellers willing to consider seller financing with 30% down at 6% interest.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Total Parking Spaces 6

Building

Lot Description Street Level

Others

Tax ID 561919201

Listed by Susan Koide • Compass

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