$1,750,000
5-unit multifamily in prime Berkeley location near UC Berkeley on a quiet, charming street. Strong unit mix: (3) 3BD/1.5BA, (1) 2BD/1BA, (1) studio. Features on-site parking, on-site laundry, and one vacant unit for immediate value-add or lease-up. Strong in-place income with 6.63% cap rate and 9.82 GRM. Excellent upside through rent growth and renovations in a high-demand rental market.
Listed by Travis Raciti with Luxmore Real Estate (650) 799-9205
Property Type
Commercial Sale
Status
Active
MLS Number
ML82050394
Year Built
1930
Lot Size
5,624 sq ft
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2807 Shattuck Ave, Berkeley
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