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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 | - |
Listing ID: 22903525
Date on Market: 5/3/2021
Last Updated:
Address: 3042 Martin Luther King Jr Way, Berkeley, CA 94703
The South Berkeley Multifamily Property at 3042 Martin Luther King Jr Way, Berkeley, CA 94703 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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