Meet Berkeley’s 1727 Oregon Street, a fourplex that’s evenly divided between four, 2BR/1BA units. The upper two units will be delivered occupied providing instant cash flow, while the lower two units will be delivered vacant, allowing the new owners to handpick their own tenants and set the rents. Given the vacancies upon delivery, this property will also make an excellent investment for anyone interested in owning and occupying. Estimated monthly income for this property is approximately $10,595, and it’s being offered at $1.4MM. Additional points of note include the large parking pad with 1-1 unit spacing, the provision of in-unit laundry facilities, and the fact the building offers forced central air, something of a rarity in the area. Proximity to BART (Ashby Station), essential retailers (Berkeley Bowl, Walgreens, etc.), and major employers such as UC Berkeley and Alta Bates Medical Center ensure this property will remain popular with renters for years to come.
Listing courtesy of Joey Wang from Keller Williams Realty. 510-592-4244Selling Office: Coldwell Banker Realty.
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