Berkeley, CA 94703,1616 Prince
Listed by Joe Levy Compass Commercial

$1,100,000

$1,300,000

15.4%
Est.Price: ?

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Est. payment /mo

6 Beds

2,634 SqFt


SOLD DATE : 12/07/2022

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 Sub-Type Multi Family

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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