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Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision South Berkeley
MLS Listing ID 40930392
Sold Date 01/06/21
HOA Y/N No
Year Built 1908
Lot Size 2,522 Sqft
Property Description
NEW PRICE & Move-in Ready! Income-producing Golden Duplex. The VACANT lower unit is perfect for owner occupancy. Beautifully remodeled Edwardian Duplex in the heart of South Berkeley features period details, energy-efficient upgrades, & captivating charm. Unit Mix:Upper unit (1704)-3bed/1bath, in-unit laundry room, finished attic w/skylights, refinished Douglas Fir wood floors, remodeled kitchen w/butcher-block counters & integrated appliances. Lower unit (1702)-2bed/1bath w/private washer/dryer, yard, remodeled kitchen, integrated appliances, upgraded bathroom w/soaking tub, reclaimed redwood counter & Heath Ceramics tile. Corner lot w/great daylight & custom redwood fence that provides complete privacy. Add'l upgrades include electrical, wood-siding, custom wood windows, plumbing, & more! Annual rental income has been $81,000. Rents:Upstairs-$3,250 & Lower unit previously rented at $3,500. Cap Rate:6.35%. Convenient to Ashby BART, schools, Berkeley Bowl & much more! 1702fairview.info
Location
State CA
County Alameda
Interior
Heating Baseboard
Flooring Tile, Wood
Fireplace No
Appliance Dryer, Washer
Exterior
Parking Features Garage
Roof Type Shingle
Total Parking Spaces 2
Building
Lot Description Back Yard, Corner Lot, Front Yard
Sewer Public Sewer
Others
Tax ID 5215341
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Bought with Brendan Moran • 5 Star Real Estate
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