Active
1716 Rose St
Berkeley CA, 94703
$2,398,000
$564.10 per sqft
Active
4,251 sqft
Multi-family
Built in 1963
Property Tour: Tues, 11/12: 1PM - 2:30PM. Welcome to 1716 Rose St, a versatile and well-appointed property in the heart of North Berkeley. This multifaceted building offers an array of living options, including a spacious 2-bedroom, 1-bath unit that can be converted into a 4-bedroom residence, two charming 1-bedroom, 1-bath units with high ceilings, and two large 3-bedroom, 2-bath units. With over 4,251 square feet of total living space, each unit averages 850 square feet, providing ample room for comfortable, modern living. The on-site shared laundry facilities add convenience and appeal, making it an attractive option for both tenants and owner-occupiers. This property is an ideal turnkey investment opportunity. Historically a successful medium-term rental, 1716 Rose St is being sold fully furnished, allowing investors to step into immediate cash flow with nearly $20,000 per month in gross income. Its meticulously maintained condition, thanks to consistent rental demand, ensures a hassle-free purchase with strong in-place cash flow. Moreover, with all units potentially vacant upon sale, owner-occupiers have the rare chance to personalize their living space or handpick tenants to suit their needs. All units can be delivered VACANT.
41073873
MLSⓇ ID
September 20, 2024
Listed
November 9, 2024
Updated
Map
1716 Rose St
Berkeley CA, 94703
Interior Features
Appliances
Dryer, Washer
Laundry Description
Washer/Dryer Stacked Incl
Floor Description
Wood
Fireplace
Yes
Cooling
Yes
Cooling Description
No Air Conditioning
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.16 Acres
Exterior Features
Back Yard, Garden
Lot Features
Regular
Roof
Flat, Shingle
Sewer
Public Sewer
Other Property Details
Area Name
Berkeley
Garage
No
Parking
Off Street
View
No
County
Alameda
Pool
No
Listed by Jatin Mehta with Pellego
Listing Contact: 949-929-9562
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