2005 Berkeley Way, Berkeley, CA 94704
-
Listed Price :
$2,480,000
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
-
Year Built :
1955
Property Description
Pleased to present 2005 Berkeley Way, a 5-unit multifamily property located in a prime Berkeley location. The property consists of (1) 2 bedroom/2 bathroom cottage, (3) 2 bedroom/1 bathroom units, (1) 1 bedroom/1 bathroom unit, and 5 gated off-street parking spots. Improvements include unit renovations, upgraded electrical, and a new security gate The property is individually metered for WATER, gas, and electricity keeping expenses low. Being just steps away from the UC Berkeley campus, this property has steady turnover allowing for consistent rent growth. This is an extremely rare opportunity to acquire a great asset in a prized Berkeley location. 2005 Berkeley Way is ideally located for tenants commuting to all points of the Bay Area. Commuters utilizing public transportation will benefit from living one block from city bus lines and 0.3 miles from the Downtown Berkeley BART station. The property is two blocks from the UC Berkeley Campus providing a long-term stable tenant base and steps away from Shattuck and University Avenues allowing endless shopping and restaurant choices. Because of this property's attractive location, it will continue to demand premium tenants and maintain a very low vacancy rate.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
2005 Berkeley Way |
| City |
Berkeley |
| State |
CA |
| Zip |
94704 |
| County |
Alameda |
| Listing Agent |
Timothy Warren DRE #02008347 |
| Courtesy Of |
NAI Northern California |
| List Price |
$2,480,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
6,120 |
| Year Built |
1955 |
Listing information courtesy of: Timothy Warren, NAI Northern California. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 17th, 2024 at 11:07 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
