1643 Oxford St - Multi-Family FOR SALE


Berkeley, CA 94709- North Berkeley
$1,600,000 USD
916-712-3990
1643 Oxford St, Berkeley, CA for Sale
$1,600,000 USD
Multi-Family - FOR SALE
1/33
null | 6.15% Cap Rate

1643 Oxford St
Berkeley, CA 94709
North Berkeley


HIGHLIGHTS

  • High Demand Student Housing Asset Steps Away From The #1 Rated Public University
  • Classic 1913 Craftsman Triplex in Desirable Northside Neighborhood
  • Three (3) Units; Nine (9) Total Single Occupancy Bedrooms
  • Two Units delivered vacant: (3bd/1ba) & (5bd/1.5ba)
  • 4 parking spaces; W/D Laundry Connections in Basement
  • New Roof; 2 of 3 Kitchens Renovated; New Carpets; Great Inspection Reports

OVERVIEW

High Demand Student Housing Asset Steps Away From The #1 Rated Public University Classic 1913 Craftsman Triplex in Desirable Northside Neighborhood Three (3) Units; Nine (9) Total Single Occupancy Bedrooms Two Units delivered vacant: (3bd/1ba) & (5bd/1.5ba) 4 parking spaces; W/D Laundry Connections in Basement New Roof; 2 of 3 Kitchens Renovated; New Carpets; Great Inspection Reports Close to the Original Peets Coffee, Chez Panisse and other iconic Berkeley Restaurants North Berkeley tends to attract graduate and hard sciences students (lower costs, higher margins) Limited new construction in Northside Neighborhood - - strengthening long term rent prospects

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$508 USD /SF

# OF UNITS

3

PRICE/UNIT

$533,333

CAP RATE

6.15%

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R-3

APN/PARCEL ID

582-183-20

ASK ABOUT THIS PROPERTY

Robert ChappellNAI Northern CaliforniaMore Info
916-712-3990

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Robert ChappellNAI Northern CaliforniaMore Info
916-712-3990

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.