1615 Parker Street

    Berkeley, CA 94703
    • $1,795,000
    • STATUS: Active
    • ON SITE: 3 days
    • ID#: EB40869923
    New On Site 3 Days Ago
    UPDATED: 182 min ago
    $1,795,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    Cap rate 5.04% in South Berkeley with Upside! Offers subject to inspection. 1615 Parker Street in South Berkeley. This 5-unit property consists of three 1-bed/ 1-bath units and two 2 bed/ 2 bath units. Parker has been well kept, and recent capital improvements include seismic retrofitting, brand new windows, & a recent roof upgrade. Three of the units have been completely remodeled down to the studs and have upscale kitchens. Due to its excellent location & recent upgrades this high cash flow property is in high demand from tenants.

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    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-06-16T23:48:12.067. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX 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 Strock Real Estate.

    Licensed in the State of California.
    www.strockrealestate.com/homes/95860863

    1615 Parker Street Berkeley, CA 94703

    • Price: $1,795,000
    • Status: Active
    • Updated: 182 min ago
    • ID#: EB40869923
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1961
    Built
    Neighborhood:
    Berkeley Map Area 8
    County:
    Alameda
    Area:
    Berkeley Map Area 8
    Property Description
    Cap rate 5.04% in South Berkeley with Upside! Offers subject to inspection. 1615 Parker Street in South Berkeley. This 5-unit property consists of three 1-bed/ 1-bath units and two 2 bed/ 2 bath units. Parker has been well kept, and recent capital improvements include seismic retrofitting, brand new windows, & a recent roof upgrade. Three of the units have been completely remodeled down to the studs and have upscale kitchens. Due to its excellent location & recent upgrades this high cash flow property is in high demand from tenants.
    Exterior Features

    Garage Parking Assigned SpacesTandem Parking Lot Description Other Roof Rolled Composition Units In Complex Max 5

    Interior Features

    Baths Unit1 1.00 Baths Unit2 1.00 Baths Unit3 1.00 Baths Unit4 1.00 Beds Unit1 1 Beds Unit2 2 Beds Unit3 1 Beds Unit4 1 Cooling None Flooring None Heating Wall Furnace Max Building Height 3 Min Building Height 1 Structure Sq Ft 3768

    Property Features

    Additional Listing Info NewNot Applicable Amenities Other City Name Berkeley Cross Street Mcgee Ave Hoa Amenities Other Lot Size Area Maximum 4650.00 Rent Unit1 2195 Rent Unit2 2695 Rent Unit3 1895 Rent Unit4 2095 Water Other

    © 2019 MLSListings Inc. All rights reserved. Listing provided courtesy of Grant Chappell of Joseph M. Tapia, Broker.


    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-06-16T23:48:12.067. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX 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 Strock Real Estate.

    Licensed in the State of California.
     
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