534 Adams St 534 Adams St 4 Unit Apartment Building For Sale Albany, CA 94706

ALBANY - INVEST WITH A PURPOSE
Invest with a Purpose and make this very large home into housing that can help hundreds of people over the years. Create a non-profit group (possibly no property taxes) - or make it a for-profit rental property that focuses on helping people and has a tremendous “feel-good” element. Bring your dreams and create something meaningful.
POSSIBILITIES … Battered Women’s Emergency Shelter … Clean-and-Sober House … Single Moms Commune … Disabled Veteran’s Housing … “Launch Pad” & Supportive Housing for people from your home country … Incubator for Tech Businesses … Teacher’s Village … Artist’s Retreat …
ABOUT THE HOUSE … about 4,000 square feet with 4-kitchens, 8-bedrooms, 6-1/2-bathrooms, 2-car garage, tons of storage, fire sprinklers, dual-paned windows, extremely good condition, newer appliances, fresh paint and flooring – move-in ready – currently setup as four separate apartments and could easily be re-configured to add even more bedrooms. Rents would be in the $10,000 to $12,000 per month range if rented as four separate apartments.
LOCATION, LOCATION, LOCATION … extremely close to sooooo many things – the El Cerrito Plaza is across the street, BART is a few blocks away, HIGHLY-RATED Albany Schools – Albany High School is ranked in the Top 92% of all California High Schools – is 6 or 8 blocks away … Albany Hill and good hiking are right outside the door. You can be on Hwy-80 in a few minutes – even the AC Transit Bus is less than a block away. There is nothing like this in Albany!
… Offers reviewed on THURSDAY, June 11th at 3:00 pm