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Key Details
Sold Price $1,500,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,102 sqft
Price per Sqft $483
Subdivision South Berkeley
MLS Listing ID 41026929
Sold Date 07/31/23
HOA Y/N No
Year Built 1896
Lot Size 6,750 Sqft
Acres 0.15
Property Description
1628 Fairview Street (5 - 1BR/1BA units) is more than a beautiful Victorian multifamily—it’s a rare opportunity for an investor like you to own a cash-generating property ($127K at current rents) that requires no major upgrades. The old brick foundation?—Replaced with poured concrete. The damaged woodwork along the trim and deck?—Refreshed and revitalized. The old roof?—Replaced in 2015. In other words, this will be a turnkey purchase for whoever is lucky enough to get their offer accepted. Physical amenities aside, what makes 1628 Fairview St. a great buying opportunity is its location between South Berkeley and Bushrod. Not only is it close to all the hustle and bustle of Shattuck, Telegraph, and College Avenues, but it’s also right by BART (Ashby station), multiple public parks, and it’s less than two miles from the UC Berkeley Campus. Other considerations worth noting: all units separately metered for gas and electric, onsite laundry facilities, and the sewer lateral is compliant.
Location
State CA
County Alameda
Area Berkeley Map Area 8
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Flooring Hardwood, Tile, Vinyl, Carpet
Fireplace No
Appliance Dishwasher, Dryer, Tankless Water Heater
Laundry Common Area, Dryer, Washer
Exterior
Utilities Available Individual Electric Meter, Individual Gas Meter
Building
Lot Description Back Yard, Paved
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 52153526
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with PedramKarbassi