Nestled just one block from the vibrant University Avenue and a mere 8-minute jaunt from UC Berkeley, this enchanting 6-Unit complex boasts an unbeatable location tailor-made for both scholars and professionals alike. Its cyclist-friendly lanes, swift access to I-80, and close proximity to public transit and the bustling 4th Street shopping district epitomize the epitome of convenience and a covetable lifestyle for its residents. This property, encompassing six units - including (4) inviting 1-bedroom units and two cozy studios - sprawls across approximately 2,736 square feet and comes with 6 parking spaces, coin laundry and secure bike racks. Originally crafted in 1962, the complex gracefully occupies an expansive lot measuring roughly 5,200 square feet, presenting an enticing opportunity for astute investors aiming to harness the escalating rental rates in the area. With an astonishing 42% upside in rental income potential, this property stands poised to yield an impressive annual income of $113,942, translating into an estimated gross rental income that surges past $9,495 each month, making it an irresistible proposition for those seeking substantial returns on their investments.
MLS #
EB41038700
MLS Source
Bridge MLS
Buyer's Brokerage Compensation*
2.0%
Flooring
Linoleum, Wood
Laundry
Coin Operated
Cooling
Air Conditioning - None
Heating
Electric
Garage/Parking
Off-Street Parking, Garage: Car(s)
Sewer
Public Sewer
Complex Amenities
Other
2112 9th Street is a Residential Income in Berkeley, CA 94710. This 2,736 square foot property sits on a 5,200 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,387,000 and was built in 1962.
This address can also be written as 2112 9th Street, Berkeley, CA 94710.©2024 Bridge MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of February 21, 2024. For the most current information, please contact Jatin Mehta, (949) 929-9562