31
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$1,995,000
Est. payment /mo
5,758 Sqft Lot
Open Sat 1PM-3PM
2807 Shattuck AVE Berkeley, CA 94705
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Open House
Sat Aug 08, 1:00pm - 3:00pm
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82056468
HOA Y/N No
Year Built 1896
Annual Tax Amount $24,584
Lot Size 5,758 Sqft
Property Description
Chateau Shattuck is a rare 8-unit apartment community just steps away from UC Berkeley. This Victorian-style building offers a desirable unit mix of (6) studios, (1) 1 Bed 1 Bath, and (1) 3-bed 1 Bath unit. Strong, stable rental income $146,000 gross annual income and $98,000 NOI, reflecting a 4.6% cap rate at the current offering. Individually metered gas and electric by unit, on-site laundry facilities, parking lot in back and upside potential through unit-level renovations, rent optimization and ADU potential. An excellent addition to any multifamily portfolio in one of the East Bay's most enduring rental markets.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 6
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Other
Others
Tax ID 53168524
Special Listing Condition Standard
Listed by Travis Raciti Luxmore Real Estate #02246639