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  • MLS® #: 40897025
  • 1625 Prince St
  • BERKELEY, California 94703
  • $1,350,000
  • 6750 SQ. Feet, 0.15 Acres
  • Residential Income

Sunny and spacious 3,582 sqft 5 unit building in desirable Berkeley neighborhood and a hop skip away from UC Berkeley, BART, shopping, and restaurants. On a quite st. with Prince St. Mini Park one building away surrounded by many well maintained multifamily buildings. This building consists of 4 sunny spacious 2 bed/1 bath units and one 1 bed/1 bath unit. All units have a kitchen, living room, and ample storage closets. Each unit is metered separately (6 gas/5 electric meters). Building has newer windows, water heater and overall in good shape. Shared laundry room on site. 1 easy off street parking space for each unit. Rear yard allows for potential for a shared garden or common space. This is an amazing investment property with great potential for appreciation based on its location and the units. Property has lots of room for upside while still being a secure investment which is great for first time and savvy investors alike. Gross Scheduled Income of $90,126. Cap Rate of 5.9%.

Essential Information

  • MLS® #40897025
  • Price$1,350,000
  • Total Sq. Ft6,750
  • Acres0.15
  • Year Built1965
  • TypeResidential Income
  • Sub-TypeOTHER
  • StatusActive

Community Information

  • Address1625 Prince St
  • AreaBerkeley Map Area 8
  • CityBERKELEY
  • CountyAlameda
  • StateCalifornia
  • Zip Code94703

Amenities

  • FeaturesNone
  • Parking Spaces5
  • ViewOther

Parking

Off Street Parking, Parking Area, Side Yard Access, Spaces - Assigned, Space Per Unit - 1

Interior

  • CoolingNo Air Conditioning

Heating

Other Heat, Baseboard, Electric, Wall Furnace

Exterior

  • Lot DescriptionLevel
  • RoofRolled Composition

Exterior

Stucco, Wood Siding, Other, Siding - Stucco, Wood

School Information

  • DistrictBerkeley (510) 644-6315

Additional Information

  • Date ListedFebruary 27th, 2020
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  • Agent: Gaylen Roberts
  • Office: Keller Williams Realty

Property Location

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Listing information last updated on April 5th, 2020 at 4:15pm PDT.