1622 Russell St., Berkeley, CA 94703

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List Price
$875,000
Status
ACTIVE
MLS#
ML82066064
Year Built
1938
Living Sq. Ft
1,730
Lot Size
4,761
Acres
0.11
Days on Market
0
Property Type
Multifamily
Property Sub Type
Triplex

Property Description

Discover a versatile and highly walkable investment opportunity! This three-unit property features a vacant two-bedroom, one-and-a-half-bath front residence, along with a separate rear duplex consisting of two tenant-occupied, 1-bed, 1-bath units. The vacant front residence offers a flexible living arrangement with a small office area created from a portion of one bedroom, additional half bathroom, and the convenience of an in-unit washer and dryer, dishwasher, stove, and refrigerator. Major improvements were completed approximately five years ago. The rear duplex provides an established rental income stream, with each unit offering one bedroom and one bathroom. Additional property features include parking for all 3 units, individually metered gas/electric/water utilities, and electric central heat. With the front residence currently vacant, buyers have the opportunity to explore owner-occupancy while benefiting from rental income from the rear units or lease all three units as an investment property. The property is conveniently located near A-rated Malcolm X Elementary School, Willard Middle School, and Berkeley High School. Ashby BART station and other transportation options are nearby, along with the many amenities Berkeley has to offer. Don't miss this amazing opportunity!

Additional Information

Taxes
$7,212
Heat
Central, Electric
Cooling
Yes
Roof
Shingle, Tar/Gravel
Sewer
Public Sewer
Water
Public
School District
Other
Elementary School
Other
Middle School
Willard
High School
Other
Attached Structure
Detached
Gross Scheduled Income
$72,000

Listing courtesy of Listing Agent: Mike Khesin (mkhesin@intempus.net) from Listing Office: Intempus Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.