$2,398,000
1716 Rose St Berkeley, CA 94703
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Listed by Jatin Mehta • Pellego
$2,398,000
Est. payment /mo
4,251 SqFt
Active
1716 Rose St Berkeley, CA 94703
UPDATED:
10/22/2024 01:35 PM
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,251 sqft
Price per Sqft $564
MLS Listing ID 41073198
HOA Y/N No
Originating Board Bridge AOR
Year Built 1963
Lot Size 7,035 Sqft
Property Description
To access marketing package copy/paste: https://bit.ly/kitehillre. Welcome to 1716 Rose St, a versatile and well-appointed property in the heart of North Berkeley. This multifaceted building offers an array of living options, including a spacious 2-bedroom, 1-bath unit that can be converted into a 4-bedroom residence, two charming 1-bedroom, 1-bath units with high ceilings, and two large 3-bedroom, 2-bath units. With over 4,251 square feet of total living space, each unit averages 850 square feet, providing ample room for comfortable, modern living. The on-site shared laundry facilities add convenience and appeal, making it an attractive option for both tenants and owner-occupiers. This property is an ideal turnkey investment opportunity. Historically a successful medium-term rental, 1716 Rose St is being sold fully furnished, allowing investors to step into immediate cash flow with nearly $20,000 per month in gross income. Its meticulously maintained condition, thanks to consistent rental demand, ensures a hassle-free purchase with strong in-place cash flow. Moreover, with all units potentially vacant upon sale, owner-occupiers have the rare chance to personalize their living space or handpick tenants to suit their needs.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Cooling None
Flooring Wood
Fireplace Yes
Appliance Dryer, Washer
Laundry Washer/Dryer Stacked Incl
Exterior
Parking Type Off Site
Building
Lot Description Regular
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