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Key Details
Sold Price $1,800,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40968482
Sold Date 12/01/21
HOA Y/N No
Year Built 1943
Lot Size 4,356 Sqft
Acres 0.1
Property Description
An ideal purchase for anyone looking to capitalize on the stability and popularity of North Berkeley, 1947 offers investors both long-term value and immediate cash flow. This 4 unit (4x 1BR/1BA) property is fully-rented to quality tenants paying at- or near-market rates. The structure itself is just over 3,000 sq.ft. and sits on a nearly 4,000 sq.ft. corner lot. Each unit is larger than the average 1BR (~650 sq.ft.), and comes with its own washer and dryer. From a lifestyle standpoint, everything about 1947 Virginia street is a “win.” It’s 1-block from bustling Shattuck Avenue and the ever-popular Gourmet Ghetto; roughly 5-blocks to the UC Berkeley campus; and every conceivable need (from groceries to drug stores to banks, bars, and more) is a few minutes away by foot...no wonder this property holds a Walk Score of 96! But if a car is required, investors will be happy to know 1947 Virginia also comes with three dedicated parking spots.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Carpet, Tile, Vinyl, Wood
Fireplace No
Appliance Gas Water Heater, Dryer
Exterior
Roof Type Shingle
Building
Lot Description Corner Lot, Garden, Yard
Sewer Public Sewer
Others
Tax ID 58217214
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Bought with Brett Weinstein • REALTY ADVOCATES
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