2304 Roosevelt Avenue Pending

Berkeley,CA 94703

$ 995000

- Bed

- Bath

2292 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,292 sqft

Price per Sqft $434

MLS Listing ID 41077214

HOA Y/N No

Originating Board Bridge AOR

Year Built 1924

Lot Size 4,200 Sqft

Property Description

To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Seated in the neighborhood of Central Berkeley and only six blocks from the UC Berkeley campus, 2304 Roosevelt Avenue is an investment opportunity that’s too lucrative to ignore. With four 1BR/1BA units, three garages, and a rear yard that’s dripping with ADU potential, there are no shortage of ways for this property to generate strong monthly cash flow. Speaking of cash, three units will be delivered occupied providing the new owners with an immediate source of income, while the fourth unit will be delivered renovated and ready to rent. Offered at $995,000, this is an unbeatable fourplex (especially for a first-time investor) in a high-demand location near popular commercial streets (Shattuck Avenue, Telegraph Avenue), stable employers (Alta Bates Medical Center, Berkeley City Hall), great public transportation (BART), anchor retail (Trader Joe’s, Berkeley Bowl) and one of the best colleges on the planet.

Location

State CA

County Alameda

Interior

Heating Floor Furnace,Wall Furnace,Hot Water

Cooling No Air Conditioning

Flooring Hardwood,Tile,Vinyl

Fireplace No

Window Features Window Coverings

Appliance Gas Water Heater

Building

Lot Description Front Yard,Garden,Landscape Front,Landscape Back

Water Public

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