$1,450,000
$1,479,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
1525 Derby ST Berkeley, CA 94703
6,629 Sqft Lot
Key Details
Sold Price $1,450,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81928592
Sold Date 12/11/23
HOA Y/N No
Year Built 1910
Annual Tax Amount $18,023
Lot Size 6,629 Sqft
Property Description
REDUCED PRICE 9/20 to $1,479,000! $147,024 Annual Income with stable tenants at or close to market rent. Building consists of (6) 1bedroom1/bathroom units. GREAT South/Central Berkeley Location. Very Easy to Manage, Alarm & Fire System, Individual Parking Spaces. One Unit VACANT, all other Tenants are Section 8. 2023 Rent Increases can be Issued to Most Tenants - Market 7.7% CAP! Motivated Seller!!!
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning R2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Other
Total Parking Spaces 6
Building
Water Public
Schools
School District Other
Others
Tax ID 0541802011
Financing Cash
Special Listing Condition Standard
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Bought with Willem Bos