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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,634 sqft
Price per Sqft $417
MLS Listing ID 422694621
Sold Date 12/07/22
Bedrooms 6
HOA Y/N No
Year Built 1939
Property Description
Co-listed with Ismael Benhamida & Chris Saiz, we are pleased to bring to market a fantastic opportunity to own a five-unit property located at 1616 Prince Street in Berkeley California. The property is in a fantastic location just two blocks off Ashby Avenue and only five blocks from the Ashby Bart station. The property consists of four one-bedroom apartments and a nicely updated two-bedroom one-bathroom single family home that is vacant. The four one-bedroom apartments all have similar layouts with separate kitchen areas, a large living room and separate bedroom with a bathroom in the hallway. Two of the four apartments have been updated with new appliances, updated bathrooms, and updated kitchens. All of the units are separately metered for water and PGE. 1616 Prince street is an amazing opportunity for an owner user to own an investment where you can live in the single family home and rent out the other four units for additional income. Cap is 5.28, GRM 12.54
Location
State CA
County Alameda
Area Berkeley Map Area 8
Interior
Fireplace No
Exterior
Total Parking Spaces 4
Building
Lot Description None
New Construction No
Others
Tax ID 052154502600
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Rebecca Brooks
San Francisco Bay Area Team Leader | License ID: 1249870
San Francisco Bay Area Team Leader License ID: 1249870