1616 Prince Street Berkeley, CA 94703
Listing Courtesy of: San Francisco Association Of Realtors / Marcus & Millichap
$1,325,000

  1616 Prince Street Berkeley, CA 94703

Active (65 Days)

Description

We are pleased to bring to market a fantastic opportunity to own a five-unit property located at 1616 Prince Street in Berkeley California. The property is in a fantastic location just two blocks off Ashby Avenue and only five blocks from the Ashby Bart station. The property consists of four one-bedroom apartments and a nicely updated two-bedroom one-bathroom single family home that is soon to be vacant. The four one-bedroom apartments all have similar layouts with separate kitchen areas, a large living room and separate bedroom with a bathroom in the hallway. Two of the four apartments have been updated with new appliances, updated bathrooms, and updated kitchens. All of the units are separately metered for water and PGE. 1616 Prince street is an amazing opportunity for an owner user to own an investment where you can live in the single family home and rent out the other four units for additional income. Current Cap rate is 4.37% and GRM is 14.43

MLS #:
422668361
Lot Size
500 SQFT
Type
Multifamily
County
Alameda County
Bathroom Details
Lot Information
  • None
Stories
  • 0
Living Area
  • 2,634 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 04, 2022
Price Changed
$1,325,000
-13%
-200,000
Jun 10, 2022
Original Price
$1,525,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Intero Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listings on this page identified as belonging to another listing firm are based upon data obtained from SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. Data Last Updated 8/13/22 19:12.