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About the Listing BMLS-OBOJMTB - BMLS-R01700439
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
Interior Details
- Bedrooms: 9
- Bathrooms: 4 Full
- Appliances: Gas Water Heater
- Air Cond:
- Heating: Baseboard,Forced Air,Natural Gas
- Fireplaces:
- Floor: Carpet,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Front Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: R-3
- Roof: Shingle
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 582183202
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
1643 Oxford St Berkeley, CA 94709
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