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    1241 Ashby Ave

    Berkeley, CA 94702
    • $1,380,000
    • STATUS: Active
    • ON SITE: 57 days
    • ID#: 40918846
    UPDATED: 67 min ago
    $1,380,000
    • 0
      BEDS
    • 4550
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,986
      SQFT
    • $695
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:
    Area:

    School Ratings & Info

    Description

    A turnkey duplex in a desirable location with excellent growth prospects and great income potential. This 1,986 square foot multi-family home sits on a 4,550 square foot lot includes 2 units, features 3 bedrooms /1 bathroom on the first floor, 4 bedrooms/2 bathrooms on the second floor with a separate entrance. Both units have been fully renovated with hardwood floors throughout the house and tile in the bathroom. Currently rented out, lease will last until July 2021. An immediate cash flow investment opportunity! There is an ADU approval for the backyard. Huge investment potential for future owner! The approved ADU plan features a two-story building with 5 bedrooms and 1930 sqft in total. This property has tremendous potential that you should not miss! Convenient location with easy access to highways. Close to schools, coffee shops, restaurants include The Deli&Grill, Chile Jalapenos and others, parks such as Haskell-Mabel Mini Park, San Pablo Park and Prince Street Mini Park.

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-28T21:41:10.38.

    www.lucasgphomes.com/homes/109522755
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    1241 Ashby Ave Berkeley, CA 94702

    • Price: $1,380,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: 40918846
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4550
    Acres
    1,986
    SQFT
    $695
    $/SQFT
    1925
    Built
    Neighborhood:
    Berkeley
    County:
    Alameda
    Area:
    Berkeley
    Property Description
    A turnkey duplex in a desirable location with excellent growth prospects and great income potential. This 1,986 square foot multi-family home sits on a 4,550 square foot lot includes 2 units, features 3 bedrooms /1 bathroom on the first floor, 4 bedrooms/2 bathrooms on the second floor with a separate entrance. Both units have been fully renovated with hardwood floors throughout the house and tile in the bathroom. Currently rented out, lease will last until July 2021. An immediate cash flow investment opportunity! There is an ADU approval for the backyard. Huge investment potential for future owner! The approved ADU plan features a two-story building with 5 bedrooms and 1930 sqft in total. This property has tremendous potential that you should not miss! Convenient location with easy access to highways. Close to schools, coffee shops, restaurants include The Deli&Grill, Chile Jalapenos and others, parks such as Haskell-Mabel Mini Park, San Pablo Park and Prince Street Mini Park.
    Exterior Features

    Additional Misc Features None Exterior None Lot Description None Parking Description Uncovered Parking Space Parking Spaces Total 4 Roof Other Yard Description Back Yard

    Interior Features

    Air Cond Unit1 No Air Cond Unit2 No Basement None Bathrooms Unit1 1 Bathrooms Unit2 2 Bedrooms Unit1 3 Bedrooms Unit2 4 Cooling Ceiling Fan(S) Flooring Hardwood FloorsTile Heating Gas Laundry Inside Unit Range Oven Unit1 Yes Range Oven Unit2 Yes Refrigerator Unit1 Yes Refrigerator Unit2 Yes Some Units Have Dishwasher

    Property Features

    Age 95 Annual Expense Year 0 Annual Gross Fee Income 0 Annual Gross Sched Income 86100 Annual Insurance Expense 1200 Annual Maintenance Exp 300 Annual Management Expense 0 Annual Miscellaneous Inc 0 Annual Rental Inc 81600 Annual Taxes 14223 Annual Total Oper Exp 17733 Annual Utility Expense 2310 Annual Vacancy Expense 0 Building Type Duplex City Transfer Tax Yes Disclosures Nat Hazard Disclosure Equipment Additional DryerWasherCarbon Mon DetectorSmoke DetectorInternet AvailableIndividual Electric MeterMaster Gas Meter Existing Lease Terms Year Lease Financial Data Source Owner Operating Expenses ElectricGasInsuranceMaintenance/RepairOtherProperty Tax/AssessmentsTrash RemovalUtilitiesVacancy FactorWater Other Annual Expense 0 Point Of Sale Ordinance Yes Possession Rental Agreement Separate Meters Electric Source Public Records Special Information None Tenant Pays ElectricGasTrashWater Terms CashConventional Total Deposits 6800 Water Sewer Sewer System - PublicWater - Public

    Listing courtesy of Bill Qin of Bq Group Inc.


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-28T21:41:10.38.

     
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