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1612 Parker St, Berkeley, CA 94703
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$2,875,000
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Home Details for 1612 Parker St
Price
$2,875,000
Type
Multi Family
Year Build
1964
Sq. Ft.
9205
Lot Size
0.21
County
Alameda
Basement
None
MLS®️ Listing#
41082213
On exitrealty.com
345 days
Property Description
Discover a rare chance to own a stunning 8-unit building in one of Berkeley's most desirable neighborhoods! This well-maintained property exudes pride of ownership and is set on a generous lot that features five reserved parking spots and a convenient community laundry area. Each of the 8 units offers spacious 2-bedroom, 1-bathroom layouts, perfect for a variety of tenants. Several units have been tastefully updated, adding modern touches while retaining their classic charm. Additionally, the property includes a non-conforming manager's unit, providing extra flexibility for onsite management or additional rental income*. Some units also have additional storage and balconies. This is not just an investment; it’s an opportunity to be a part of the rich tapestry of Berkeley, a city known for its eclectic mix of cultures, progressive spirit, and unparalleled intellectual vibrancy. Don’t miss your chance to own a fabulous building in this iconic city—opportunities like this are truly one-of-a-kind! Cap Rate of 6% - Huge upside potential. *Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information. Buyer must conduct their own investigation with the city and appropriate boards and rely solely on that investigation.
- House Interior
- Other
- Storage
- Cooling Information
- None
- Heating Information
- Wall Furnace
- Water Features
- Public
- Basement
- None
Listing Courtesy: Red Oak Realty - 510-527-9111. Presented by: Negar Souza
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
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Market statistics compiled from data from Bridge MLS.
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$2,875,000
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EXIT REALTY CONSULTANTS (MODESTO NORTH)
901 McHenry Ave, Modesto, CA 95350
CA DRE# 01520140. Kris Klair Broker.