Pleased to present 2005 Berkeley Way, a 5-unit multifamily property located in a prime Berkeley location. The property consists of (1) 2 bedroom/2 bathroom cottage, (3) 2 bedroom/1 bathroom units, (1) 1 bedroom/1 bathroom unit, and 5 gated off-street parking spots. Improvements include unit renovations, upgraded electrical, and a new security gate The property is individually metered for WATER, gas, and electricity keeping expenses low. Being just steps away from the UC Berkeley campus, this property has steady turnover allowing for consistent rent growth. This is an extremely rare opportunity to acquire a great asset in a prized Berkeley location. 2005 Berkeley Way is ideally located for tenants commuting to all points of the Bay Area. Commuters utilizing public transportation will benefit from living one block from city bus lines and 0.3 miles from the Downtown Berkeley BART station. The property is two blocks from the UC Berkeley Campus providing a long-term stable tenant base and steps away from Shattuck and University Avenues allowing endless shopping and restaurant choices. Because of this property's attractive location, it will continue to demand premium tenants and maintain a very low vacancy rate.
MLS #
EB41073440
MLS Source
Bridge MLS
Days on Site
65
Appliances
Washer
Flooring
Carpet - Partial, Hardwood
Cooling
None
Heating
Wall Furnace
Roof
Rolled/Hot Mop
Garage/Parking
Spaces per Unit - 1, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Complex Amenities
None
Listing Agent
Timothy Warren
NAI Northern California
License #: 02008347
Phone: (510) 336-4719
Co-Listing Agent
Grant Chappell
License #: 01700439
Phone: (415) 246-4314
2005 Berkeley Way is a Residential Income in Berkeley, CA 94704. This 3,714 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,380,000 and was built in 1955.
This address can also be written as 2005 Berkeley Way, 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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This listing information is up-to-date as of October 25, 2024. For the most current information, please contact Timothy Warren, (510) 336-4719