3028 Colby St
Berkeley,
CA
94705
Property Details
List Price: |
$2,499,888 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
4346 |
Agency: |
Real Broker Technologies, Inc. |
Description/Comments
Lot Size: |
-- |
Property Type: |
Commercial |
Year Built: |
1910 |
Notes: |
Nestled in the peaceful Elmwood district of Berkeley, 3028 Colby graces the end of a serene cul-de-sac. Consisting of 5 units, 3 of 5 units are fully remodeled, with the largest unit featuring a new custom floor plan. All units are now leased to long-term tenants at full market value, showcasing the meticulous effort put into this investment. With all the hard work completed, the only thing left is to relax & enjoy the steady cash flow from this turnkey investment. Next to Alta Bates Medical Center, shopping, Whole Foods & just over a mile from the UC Berkeley campus. The front building features a 3-beds, 2-baths unit on the ground floor, complemented by two 1-bed, 1-bath units on the second floor. The rear building hosts a 2-bed, 1-bath unit on the top floor, and a 2-bed, 2-bath unit on the ground floor. Individual metering for electric, gas, & water in each unit places utility responsibility on the tenants, while the landlord covers garbage utilities. On-site parking & coin-operated laundry facilities for additional owner income. Enhanced with upgrades, an exceptional opportunity to acquire a building with robust cash flow & minimal expenses in this highly sought-after area. All of the makings for a stand out turnkey plug & play investment in a prime location. |
MlsNumber: |
ML81951494 |
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Listing Provided By: |
Real Broker Technologies, Inc., original listing |
Name: |
Real Broker Technologies, Inc. |
Phone: |
(619) 248-6434 |
Office Name: |
Real Brokerage Technologies |
Office Phone: |
(619) 663-8680 |
Agent Name: |
Ramsin Jacob |
Disclaimer: |
Copyright © 2024 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |