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Sold for $1,601,000 Sold

1800 6th Street
Berkeley, CA 94710

8 units | Multi Family Home
5227 sq ft lot - MLS# 40743159
Property Photo
1/11

Sold

Sold for $1,601,000 on Dec 5, 2016

Description

Rare 8-Unit Apartment Opportunity Steps from 4th St Shopping District. Built new in 1987, this well-maintained complex features four 2BD/1BA & four 1BD/1BA units, all under Section 8 rental reqs for secured income & low vacancy. Currently generating $107,000+ in gross annual income. 7 car parking! This is a probate sale subject to court confirmation

Features

  • Zoning: 1104
  • Unit # 3 # Of Bathrooms: 1
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 # Of Bedrooms: 2
  • Unit # 2 # Of Bathrooms: 1
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # Of Bedrooms: 1
  • Unit # 1 # Of Bathrooms: 1
  • Tot Ann Oper Exp: 49387
  • Tenant Pays: Electric, Gas
  • Sub Type: Apt Complex
  • Unit # 3 # Of Bedrooms: 1
  • Unit # 3 Occupied By: Tenant
  • Zip Code: 94710
  • Year Built: 1987
  • Water/Sewer: Sewer System - Public, Water - Public
  • Units: 8
  • Unit # 5 Occupied By: Tenant
  • Unit # 5 # Of Bedrooms: 2
  • Unit # 5 # Of Bathrooms: 1
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 # Of Bedrooms: 2
  • Unit # 4 # Of Bathrooms: 1
  • Sq.Ft.: 6020
  • Roof: Composition Shingles
  • Equipment Additional: Water Heater Gas
  • County/Area: Alameda County
  • Apx Lot Sq Ft: 5138
  • Annual Util Exp: 7290
  • Annual Taxes: 15470
  • Annual Rent Inc: 107658
  • Annual Mgmt Exp: 6466
  • Annual Maint Exp: 16209
  • Annual Gross Sched Inc: 107658
  • Age: 29
  • Exterior: Wood Siding
  • Flooring: Vinyl, Wall To Wall Carpeting
  • Property Type: Multi Family Home
  • Parking Spaces: 7
  • On-Site Parking Desc: Off Site Parking
  • Net Oper Income: $58,271
  • Lot SqFt: 5227.2
  • Lot Description: Regular
  • Listing Status: Active
  • Heating: Wall Furnace
  • Gross Oper Actual Inc: 107658
  • Gross Income: $107,658
  • # of Parking Spaces: 7

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