1722 Walnut St Active

Berkeley,CA 94709

$ 3398000

- Bed

- Bath

6020 SqFt


Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,020 sqft

Price per Sqft $564

MLS Listing ID 41073505

HOA Y/N No

Originating Board Bridge AOR

Year Built 1927

Lot Size 5,450 Sqft

Property Description

To access the marketing package copy/paste: https://bit.ly/kitehillre. 1722 Walnut St is a rare opportunity to acquire an apartment building in North Berkeley consisting of ten 1 bed, 1 bath units. The building is currently fully leased as furnished rentals, providing a strong in-place income stream, with all furniture included in the sale. Located just steps from UC Berkeley, the property offers a highly desirable location in one of the nation’s top academic and cultural hubs. The property offers a flexible investment strategy for the next owner. As units become vacant, there is the option to renovate and lease at market rates or continue the existing furnished rental model for maximum returns. Four of the units already feature upgraded, open-concept kitchens, enhancing tenant satisfaction, while all units retain beautiful original hardwood floors, lending charm and character. Additionally, the building includes convenient on-site coin-operated laundry facilities and a sunny shared backyard for tenants to enjoy. Meticulously maintained by the same owner for 37 years, the building is in excellent condition.

Location

State CA

County Alameda

Interior

Heating Natural Gas

Cooling None

Flooring Wood

Fireplace No

Laundry Coin Operated

Exterior

View None

Parking Type None

Building

Lot Description Regular,Paved

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