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| 1820-1822 Hearst Berkeley |
| Great Investment Prope |
| Status |
Sold |
| Price |
$975,000 |
| Category |
Commercial |
| Number of Units |
7 |
| Style |
Colonial Revival |
| Year Built |
1912 |
| MLS |
40226875 |
| Description |
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Stately Fourplex & Charming Triplex on 1 Lot. FOURPLEX: Colonial Revival, All Units Have a Sun Porch, and Separate Front & Back Entrances. TRIPLEX: Converted Farmhouse. Total of One 2-Bedroom Unit & Six 1+Bedroom Units. Hardwood Floors & Built-ins. |
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| Comments |
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Across From the Ohlone Greenway, Dog Park, & Playground. Close to North Berkeley BART Station.
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| Property Information |
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Building Sq. Ft. |
5044 |
Lot Sq. Ft. |
6250 |
Roof |
Comp. Shingle |
Parking |
1 |
Metering |
PG&E |
Showing Instructions |
By appointment |
Reports |
Termite, Home |
Date Listed |
10/26/06 |
Date Sold |
08/17/07 |
Sale Price |
$975,000 |
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Investment Information |
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Price |
$975,000 |
Down Payment |
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Loan Amount |
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Current Cap Rate |
0.05 |
Market Cap Rate |
4.8 |
Current GRM |
13.28 |
Market GRM |
13.28 |
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Scheduled Gross Income |
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Rents |
$73,404 |
Reserve vacancy at |
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Laundry |
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Parking |
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Net Rental Income |
$73,404 |
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Operating Expenses |
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| Property Taxes |
$14,625 |
| Building Insurance |
$4,000 |
| Rent Registration |
$1,078 |
| Business License |
$672 |
| Gas & Electric |
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| Water & Garbage |
$672 |
| Total Operating Expenses |
$21,047 |
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Mortgage Calculator
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Exclusive Offering By |
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Sarah Schoeneman
510.883.7004 office
510.418.0070 cell
510.883.7076 fax
sarahschoeneman@yahoo.com
Click here to schedule a showing. |
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Jenny Wang
510.883.7012 office
510.289.1022 cell
510.883.7076 fax
jenny@elmwoodrealty.com
Click here to schedule a showing. |
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