1716 Rose St , Berkeley, CA 94703
Berkeley, CA 94703
Description
Property Tour: Tues, 11/12: 1PM - 2:30PM. Welcome to 1716 Rose St, a versatile and well-appointed property in the heart of North Berkeley. This multifaceted building offers an array of living options, including a spacious 2-bedroom, 1-bath unit that can be converted into a 4-bedroom residence, two charming 1-bedroom, 1-bath units with high ceilings, and two large 3-bedroom, 2-bath units. With over 4,251 square feet of total living space, each unit averages 850 square feet, providing ample room for comfortable, modern living. The on-site shared laundry facilities add convenience and appeal, making it an attractive option for both tenants and owner-occupiers. This property is an ideal turnkey investment opportunity. Historically a successful medium-term rental, 1716 Rose St is being sold fully furnished, allowing investors to step into immediate cash flow with nearly $20,000 per month in gross income. Its meticulously maintained condition, thanks to consistent rental demand, ensures a hassle-free purchase with strong in-place cash flow. Moreover, with all units potentially vacant upon sale, owner-occupiers have the rare chance to personalize their living space or handpick tenants to suit their needs. All units can be delivered VACANT.
Details
| Mls | 41073873 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 81 |
| Listing Provided By | Pellego 949-394-0149 | Jatin Mehta |
Features
| Units | 5 |
|---|---|
| Acreage | 0.16 |
Market Activity 94703
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Berkeley |
| Zip Code | 94703 |
| Listing VS Median (in 94703) | |
Price: $2,398,000 low | high Med: $812,000 On Site: 81 low | high Med: 59.500000 | |
