Berkeley, CA 94703,1525 Derby Street

$1,450,000

$1,479,000

2.0%
Est.Price: ?

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Est. payment /mo

3,515 SqFt


SOLD DATE : 12/11/2023

Key Details

Sold Price $1,450,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,515 sqft

Price per Sqft $412

MLS Listing ID ML81928592

Sold Date 12/11/23

HOA Y/N No

Year Built 1910

Lot Size 6,630 Sqft

Acres 0.15

Property Description

REDUCED PRICE 9/20 to $1,479,000! $147,024 Annual Income with stable tenants at or close to market rent. Building consists of (6) 1bedroom1/bathroom units. GREAT South/Central Berkeley Location. Very Easy to Manage, Alarm & Fire System, Individual Parking Spaces. One Unit VACANT, all other Tenants are Section 8. 2023 Rent Increases can be Issued to Most Tenants - Market 7.7% CAP! Motivated Seller!!!

Location

State CA

County Alameda

Area Listing

Zoning R2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Building

Water Public

New Construction No

Others

Tax ID 0541802011

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Bridge MLS
Listed by Neel Bhatia • Coldwell Banker Realty
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(510) 854-8066

brian@rysepropertygroup.com

1820 Solano Ave, Berkeley, CA, 94707, USA

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