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In-PersonVirtual Tour
$ 1,600,000
Est. payment | /mo
3,598 Sqft Lot
$ 1,600,000
Est. payment | /mo
3,598 Sqft Lot
Open House
Sat Sep 26, 12:00pm - 3:00pm
Sun Sep 27, 12:00pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Berkeley
MLS Listing ID 41149508
HOA Y/N No
Year Built 1910
Lot Size 3,598 Sqft
Property Sub-Type Quadruplex
Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre 2307–2309 Prince Street offers four units near Telegraph Avenue, with three residences tastefully updated and an approved permit for a two-bedroom, one-bathroom garage conversion ADU that creates room to grow. The building spans 3,815 square feet on an approximately 3,600-square-foot lot. Its unit mix includes two one-bedroom, one-bathroom units, a four-bedroom, two-bathroom unit, and a three-bedroom, one-bathroom unit. Gas and electricity are separately metered for each unit; the owner pays for water and garbage. Substantial storage space offers potential for additional income. The permitted garage conversion would add an approximately 800-square-foot ADU, projected to generate $3,000–$3,500 per month once completed and leased. Telegraph Avenue's restaurants and shops, Whole Foods Market, neighborhood parks, Ashby BART, and UC Berkeley are nearby. An investor can explore the property's additional income opportunities, while an owner occupant could live in the three-bedroom unit and collect an estimated $11,000 per month from the other four units after completing and leasing the ADU.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Cooling See Remarks
Flooring Wood
Fireplace No
Exterior
Parking Features Garage
Total Parking Spaces 4
Others
Tax ID 52157614
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Listed by Jatin Mehta Kite Hill Real Estate #02045713
Nearby Locations
