$3,225,000
$3,250,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
8,498 Sqft Lot
SOLD DATE : 04/14/2022
Key Details
Sold Price $3,225,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40979672
Sold Date 04/14/22
HOA Y/N No
Year Built 1960
Annual Tax Amount $51,747
Lot Size 8,498 Sqft
Property Description
The 2227 Bonar Street Apartments offer investors the opportunity to acquire a well-maintained, well-situated property with little deferred maintenance and significant upside of NOI in a central Berkeley location. Recent changes to State zoning laws also may allow for the addition of two ADU units in the rear parking area. Located a half mile from North Berkeley BART and just over a mile from I-80, Hwy 24/I-980, I-580 & I-880, the property will attract students and young professionals alike. The subject property offers investors a well-maintained turn-key asset with significant rental upside and a value-add component.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Total Parking Spaces 8
Others
Tax ID 561991113
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Bought with Davide Pio • BCRE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States