$1,450,000
$1,479,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
1525 Derby ST Berkeley, CA 94703
3,515 SqFt
Key Details
Sold Price $1,450,000
Property Type Commercial
Sub Type Five or More Units
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
Year Built 1910
Lot Size 6,630 Sqft
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 Berkeley Map Area 8
Zoning R2
Interior
Heating Wall Furnace
Cooling None
Exterior
Garage Parking Area
Utilities Available Public Utilities
Roof Type Other
Building
Foundation Wood Frame
Sewer Sewer Connected
Water Public
Others
Restrictions Other
Tax ID 054-1802-011
Security Features Security Alarm
Special Listing Condition Not Applicable
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Bought with Willem Bos • COMPASS