1500 Ward Street

    Berkeley, CA 94703
    • $1,488,886
    • STATUS: Active
    • ON SITE: 83 days
    • ID#: 21824840
    Price Reduced
    $1,488,886
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,476
      SQFT
    • $428
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Located in the heart of Berkeley, this investment property was recently painted and new windows were installed in the past 5 years. Fully occupied with long-term tenants. Just blocks from Ashby, close to public transportation and more. Plenty of upside potential.

    Monthly Payment Calculator



    © 2018 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2018-12-12T23:55:59.273.
    www.showcaseproperties.com/homes/87782034

    1500 Ward Street Berkeley, CA 94703

    • Price: $1,488,886
    • Status: Active
    • ID#: 21824840
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,476
    SQFT
    $428
    $/SQFT
    1923
    Built
    Neighborhood:
    Alameda County
    County:
    Alameda
    Area:
    Alameda County
    Property Description
    Located in the heart of Berkeley, this investment property was recently painted and new windows were installed in the past 5 years. Fully occupied with long-term tenants. Just blocks from Ashby, close to public transportation and more. Plenty of upside potential.
    Exterior Features

    Exterior Stucco Foundation Construct Masonry Garage Parking None Lot Description City Pool No Roof Composition Style ContemporaryTraditional Type Fourplex View No

    Interior Features

    Fireplace No Laundry Appliance W/D Hookups Unit1 Approx Sq Ft 800 Unit1 Baths Full 1 Unit1 Bedrooms 2 Unit1 Half Baths 0 Unit1 Includes GasNo Air ConditioningRefrigerator Unit1 Sq Ft Source Owner Unit1 Total Rooms 4 Unit2 Approx Sq Ft 1000 Unit2 Baths Full 1 Unit2 Bedrooms 2 Unit2 Half Baths 0 Unit2 Includes Carpets Unit2 Sq Ft Source Owner Unit2 Total Rooms 5 Unit3 Approx Sq Ft 0 Unit3 Baths Full 1 Unit3 Bedrooms 2 Unit3 Includes Wall Furnace Unit3 Total Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Baths Full 1 Unit4 Bedrooms 2 Unit4 Includes Wall Furnace Unit4 Total Rooms 0

    Property Features

    Auction No Cap Rate 6.00 City Transfer Tax Yes City Transfer Tax Rate 0.00 Common Int Dev No Deposits 5000.00 Est Ann Net Income 78000.00 Est Insurance Exp 2000.00 Est Maintenance Exp 1500.00 Est Management 1000.00 Est Misc Expenses 15000.00 Est Taxes 6000.00 Est Total Annual Exp 30000.00 Est Utilities Exp 4500.00 Expense Source Tax Return GRM 13.79 Gross Scheduled Inc 108000.00 Lot Size Source (Owner) Monthly Expenses 2500.00 Monthly Income 9000.00 Multifamily Type Multi Unit 2-4 New Construction Or Resale Resale Operating Exp Inc AccountingGarbageInsuranceLegalMaintenance Planned Unit Develop Unknown Projected Or Actual Projected Sewer Septic Sewer Public Square Footage Source Owner Transaction Type Sale Unit1 Lease Term Year Lease Unit1 Rents For 1600.00 Unit2 Rents For 2300.00 Unit3 Rents For 2000.00 Unit4 Rents For 2300.00 Water Source Water-Public Year Built Source Owner

    Listing information © 2018 Bay Area Real Estate Information Services.
    Listing courtesy of Willie Jefferson of New City Realty.


    © 2018 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2018-12-12T23:55:59.273.
     
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