3 units, 3.36K SF @ $1.6M, 6.15% cap rate ($98.3K Pro Forma Net Operating Income, $147.3K Gross Income, 33.2% OpEx due to individually metered utilities), 10.86 GRM, $475/SF. + Three Units: Unit A: 1bd/1ba @ $1550/mo; Unit B: 3bd/1ba (vacant) @ $4000/mo ($1333/bedroom, single occupancy); Unit C: 5bd/1.5ba (vacant) @ $6300/mo ($1260/bedroom, single occupancy). + Great starter investment property allowing residential financing as low as 3.5%-20% down, get the right mix of renters to increase rents to $1450+/bedroom + Download the OM and see the positive Inspection Reports from Disclosures.io: https://app.disclosures.io/link/1643-Oxford-Street-k5mv2js4 + High Demand Student Housing Asset Steps Away From The #1Rated Public University + Classic 1913 Craftsman Triplex in Desirable Northside Neighborhood + Three (3) Units; Nine (9) Total Single Occupancy Bedrooms + Two Units delivered vacant: (3bd/1ba) & (5bd/1.5ba) + 4 parking spaces; W/D Laundry Connections in Basement + New Roof; 2 of 3 Kitchens Renovated; New Carpets; Great Inspection Reports + Close to the Original Peets Coffee, Chez Panisse and other iconic Berkeley Restaurants + North Berkeley tends to attract graduate and hard sciences students (lower costs, higher margins) + Limited new construction in Northside Neighborhood - - strengthening long term rent prospects
72 days
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1,617
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57
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Zillow last checked:
Listing updated:
Listed by:
Grant ChappellDRE #01700439415-246-4314,
NAI Northern California
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41138568
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 4
Heating
Baseboard, Zoned, Natural Gas
Cooling
No Air Conditioning
Appliances
Included: Gas Water Heater
Laundry: In Basement, Washer/Dryer Hookups
Features
Flooring: Carpet, Wood
Basement: Full
Has fireplace: No
Interior area
Total structure area: 3,152
Total interior livable area: 3,152 sqft
Property
Parking
Parking features: 4-7 Cars
Features
Exterior features: Front Yard
Lot
Size: 6,098 Square Feet
Features: Rectangular Lot
Details
Parcel number: 582183202
Zoning: R-3
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Materials
Shingle Siding
Condition
Year built: 1912
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: All Utilities, Individual Electric Meter
Community & HOA
Community
Security: Carbon Monoxide Detector(s), Double Strapped Water Heater