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2503 REGENT ST Berkeley, CA 94704-2986
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Key Details
Sold Price $1,318,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41007465
Sold Date 11/29/22
HOA Y/N No
Year Built 1899
Lot Size 3,820 Sqft
Property Sub-Type Triplex
Property Description
CLASSIC BERKELEY TRI-PLEX, a five minute walk to UCB campus. TWO VACANT 1-bedroom units. Estimated rent PER UNIT is $2600. One OCCUPIED 3-bedroom unit. Rent is $2485. $92,220 Approx. annual rents. A RARE OPPORTUNITY TO OWN PROPERTY AT THE HEART OF THE EVER-IMPROVING, PRESTIGIOUS UNIVERSITY COMMUNITY. With perpetual demand & a pool of exceptional tenants, this tri-plex provides immediate, strong cash flow with multiple ways to increase short & long-term income. Steel-reinforced concrete perimeter foundation. Off street parking. Garage structure & partially developed attic unassigned to units may provide future income & development opportunities. (Building subject to rent control).
Location
State CA
County Alameda
Interior
Heating Natural Gas, See Remarks
Flooring Laminate, Wood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features On Street
Roof Type Shingle
Total Parking Spaces 3
Building
Lot Description Corner Lot
Sewer Public Sewer
Others
Tax ID 055184200100
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Bought with George Yin Elite RE & Financial Group
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