1507 Prince St | Berkeley, CA 94703
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- LoopNet Team
1507 Prince St
Berkeley, CA 94703
Multifamily Property For Sale
·
13 Units
INVESTMENT HIGHLIGHTS
- FANTASTIC IN PLACE RENTAL INCOME WITH ADDITIONAL UPSIDE - Impressive 5.81% cash on cash return assuming interest only financing at 6.25%
- POTENTIAL OWNER OCCUPIED OPPORTUNITY - 4 Bedroom 2 Bathroom home provides investor unique opportunity to occupy while offsetting mortgage
- LOCATED IN OPPORTUNITY ZONE - Possible future redevelopment opportunities to maximize footprint
- WELL MAINTAINED PROPERTY WITH SIGNIFICANT INTERIOR & EXTERIOR RENOVATIONS - Several units have been renovated and new roof on Victorian building
- SOUTH BERKELEY LOCATION NEAR TRENDY N.O.B.E. DISTRICT - Just blocks from Ashby BART Station.Traffic counts in excess of 20,500 VPD along Sacramento St
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Pantry
SITE AMENITIES
- Smoke Free
PROPERTY TAXES
| Parcel Number | 053-1613-012-00 | Improvements Assessment | $739,197 |
| Land Assessment | $1,231,380 | Total Assessment | $1,970,577 |
PROPERTY TAXES
Parcel Number
053-1613-012-00
Land Assessment
$1,231,380
Improvements Assessment
$739,197
Total Assessment
$1,970,577
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