2477 Virginia St, Berkeley, CA 94709
  • MLS#: 41116678 ( )
  • Street Address: 2477 Virginia St
  • Viewed: 12
  • Price: $8,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 19
  • Additional Information
  • County: ALAMEDA
  • City: Berkeley
  • Zipcode: 94709
  • Subdivision: North Berkeley
  • Provided by: Matthews Real Estate Investment Services Inc.
  • Contact: Ryland Ryland
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Prime North Berkeley Location: Located in the heart of Berkeleys highly sought after Northside neighborhood. Seller Financing Available at 4.50% (Short Term or Long Term). Attractive Physical Asset: Built in 1964, the 25,644 SF building sits on a 0.29 acre lot with 25 secure parking spaces. 24 Unit Multifamily Investment: Caters to a wide tenant base, ensuring steady occupancy and long term rent growth. Value Add Opportunity: With current average rents approximately 2025% below market, investors can capitalize on organic rent growth. Favorable Unit Sizes: Large average unit size of 1,068 SF provides flexibility for future renovations or student oriented leasing strategies. For additional financial details and property information, contact us to receive the full Offering Memorandum.
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Features
Association Fee
  1. 0.00
Parcel Number
  1. 5821946
Sourcesystemkey
  1. 41116678:BMLS
Subdivision Name Other
  1. NORTH BERKELEY
Views
  1. 12
Year Built
  1. 1964