To access the marketing package copy/paste: https://bit.ly/kitehillre. OFFERS MAY 22ND BY NOON. Discover an exceptional investment opportunity at 2209-2211 Haste, a recently renovated duplex in the heart of Southside Berkeley just 2 blocks to campus. With a strong in-place income, this property offers an attractive combination of reliable returns, attractive metrics, and substantial upside potential. This property generates $15,800/month, resulting in an impressive annual income of $189,600, ensuring a steady and consistent cash flow. Priced at a competitive 10.88 Gross Rent Multiplier (GRM) and a 6.01% Cap Rate, it immediately delivers value for savvy investors. Additionally the property offers significant upside – 25% growth in rents and comes with plans for a 2 bed, 1 bath ADU. (Permit expired – buyer needs to resubmit the previously approved plans for a new permit.) Tailored for the student rental market, 2209-2211 Haste offers a total of 10 bedrooms and 5 bathrooms, including a spacious 7-bedroom, 3-bathroom layout and a comfortable 3-bedroom, 2-bathroom unit. This versatility caters to the diverse needs of the student population. The property's prime location just steps from the University of California Berkeley, with remarkable walk, transit, and bike scores.
MLS #
EB41058871
MLS Source
Bridge MLS
Buyer's Brokerage Compensation*
2.5%
Flooring
Wood
Cooling
Ceiling Fan
Heating
Gas
Garage/Parking
No Parking, Garage: Car(s)
Sewer
Public Sewer
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 2 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 1,972 | 7 | 0/0 | – |
2 | – | 3 | 0/0 | – |
2211 Haste Street is a Duplex in Berkeley, CA 94704. This 3,281 square foot property sits on a 4,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,125,000 and was built in 1906.
This address can also be written as 2211 Haste Street, Berkeley, CA 94704.©2024 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of May 24, 2024. For the most current information, please contact Jatin Mehta, (949) 929-9562