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- LoopNet Team
3042 Martin Luther King Jr Way
Berkeley, CA 94703
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Vacant apartment building ready to rent over 5.5% cap rate
EXECUTIVE SUMMARY
massive Price reduction ,very motivated seller ,projected cap rate of over 5.5%,Great investment opportunity Live in 1 unit and collect 3 rents with great cap rate ,Fantastic corner lot with tons of light , super close to all public transport and yet quite and homy Built in 1912 ,original hardwood , lots of charm and character Room to expand , building has a small unit can be used as 5th rental or office building is occupied by relatives and will be delivered vacant Please do not disturb tenant , appointment only call listing agent
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Fireplace
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Bay Window
- Ceiling Fans
- Tile Floors
- Crown Molding
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Yard
- Built-In Bookshelves
- Dining Room
- Double Pane Windows
- Garden
- Intercom
- Lawn
- Patio
- Quartz Countertops
SITE AMENITIES
- Zen Garden
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 2 | $3,900 | - |
