Berkeley, CA 94705,3028 Colby
Listed by Angelo Baglieri Compass

$2,450,000

$2,600,000

5.8%
Est.Price: ?

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Est. payment /mo

10 Beds

4,346 SqFt


SOLD DATE : 08/16/2022

Key Details

Sold Price $2,450,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,346 sqft

Price per Sqft $563

MLS Listing ID 422669920

Sold Date 08/16/22

Bedrooms 10

HOA Y/N No

Year Built 1910

Lot Size 5,702 Sqft

Acres 0.1309

Property Sub-Type Multi Family

Property Description

3028 Colby St is located in the Elmwood district of Berkeley at the end of a quiet cull de sac just under 1 mile from the UC Berkeley campus. The property consists of 5 residential units and 5 car parking. The front building consists of one 4 bedroom and 2 bath unit on the ground floor and two 1 bedroom 1 bath units on the second floor. The rear building consists of one 2 bedroom 1 bath unit on the top floor and a 2 bedroom 2 bath unit on the ground floor. The building is individually metered for electric, gas, and water. The tenants pay for gas, electricity, and water. The landlord pays for garbage utilities. This is a rare opportunity to acquire a well-maintained high cash flowing building with very low expenses in a highly desirable area for rentals.

Location

State CA

County Alameda

Area Berkeley Map Area 9

Interior

Fireplace No

Exterior

Total Parking Spaces 5

Building

Lot Description Cul-De-Sac, Curb(s)

Water Separate Meter

New Construction No

Others

Tax ID 0521574021

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