About This Home

This 0-bedroom, 0-bathroom residential multi family at 1246 Berkeley Way in Berkeley, CA is listed for $1,685,000 ($282 per sqft). Built in 1966, the home offers 5,975 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 1966
  • 0.20 acre lot

Property Details

1966
Listing Description

Welcome to 1246 Berkeley Way, presenting an opportunity to acquire a 7-unit multifamily apartment building in the heart of Berkeley, just off University Ave. Built in 1966 and spanning approximately 5,975 sqft of living space on an 8,497 sqft lot, this parcel offers two separate buildings with an ideal unit mix of five 3-bed x 1-bath units and two studio units.

Studio unit A will be delivered vacant. There is off-street parking for 7 vehicles. Projected gross monthly rent is $14,662, or $175,944. Close proximity to The Berkeley Marina, North Berkeley BART, UC Berkeley, Berkeley Bowl, Restaurants and Shopping on 4th St, parks, public transportation, and the 80 Freeway makes it a turnkey investment opportunity in an incomparable location.

Purchase individually or as part of a portfolio sale. Also available for sale is 5418 Telegraph Ave. Oakland (5 Unit), 712 56th St. Oakland (4 Unit), 3807 High St. Oakland (6 Unit).

Monthly Cost Estimate

$9,012/mo

20% down · 6.5% · 30 years

Principal$1,219
Interest$7,302
Insurance$491

Estimates only. Actual payments may vary.

Location

1246 Berkeley Way

Berkeley, CA 94702

NORTH BERKELEY

Property Details

Construction

Stucco Wood

Parking

On StreetParking Lot

Heating

Wall Furnace

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1246 Berkeley Way is listed at $1,685,000 ($282/sqft). The estimated monthly payment is $9,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1966, 0.20 acre lot.

This property is listed by Stephanie Christmas.

SC

Stephanie Christmas

Agent at TCGOB, Inc

Listed by TCGOB, Inc · Broker phone: (510) 775-1079 · Broker website

MLS# 41143329· Source: bridgeMLS· 90 days on PropertySimple

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1246 Berkeley Way, Berkeley, CA 94702

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