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Listed by Lamont Thompson • Lamont Thompson, Broker
$ 1,350,000
Est. payment /mo
New
2116 8Th St Berkeley, CA 94710
4,040 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Apt Complex
Listing Status Active
Purchase Type For Sale
Square Footage 4,040 sqft
Price per Sqft $334
Subdivision Berkeley
MLS Listing ID 41134297
HOA Y/N No
Year Built 1964
Lot Size 5,400 Sqft
Property Sub-Type Apt Complex
Source CONTRA COSTA
Property Description
This is the first time owner-builder has placed this five-unit building on the market in 62-years. The property has huge upside potential. The property is being sold "AS-IS". Asking price reflects adjustment for the building's condition. The structure has some deferred maintenance, with heavy wear in units B, C, and D. Termite report with cost to cure estimate of $29,200. for Section 1 and Section 2 has been uploaded along with preliminary title report, JCP report, and Section 8 printout. Rents shown are projected using approved two-bedroom, Section 8 rents for the 94710 Zip Code. The last Section 8 tenant paid $3,140 a month. The owner will deliver the building vacant at close of escrow.
Location
State CA
County Alameda
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Flooring Linoleum, Vinyl
Fireplace No
Window Features Double Pane Windows
Appliance Free-Standing Range, Refrigerator, Dryer
Laundry 220 Volt Outlet, Coin Operated, Common Area, Dryer, Washer, Cabinets
Building
Lot Description Level, Rectangular Lot, Back Yard
Water Public, Meter on Site, Water District
Others
Special Listing Condition Standard
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