MLS® ID: 40877355
1538 63rd Street
BERKELEY, California, 94703 $2,295,000
Motivated Seller with Reduced Pricing at a Starting CAP over 5%. A Must See Turn Key Asset. Single lot with Duplex + Triplex. Excellent unit mix with bright, spacious units. Very little Management will be required going forward. Virtually new Duplex construction with upgrades from the foundation to the roof. Four of Five units have been extensively renovated. Upgrades include instant hot water heaters, dishwashers in the renovated kitchens, new bathrooms and in-unit washer and dryer installed. New electrical, plumbing and high-end finishes were incorporated in the interiors and exterior renovations include new roofs, windows, siding, paint, hardscape and landscape. Great long term investment, well below replacement cost, with 4 of 5 units close to market rate rents in desirable Berkeley neighborhood. Property is located half a mile from Ashby BART for very easy transportation. Tours scheduled - Showing 8/28 and 8/29 from 12-1pm. Please call or email agent for details.