$2,398,000
For Sale

1716 Rose St

Berkeley, CA 94703
Listing OfficePellego
Browse 27 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

To access the marketing package copy/paste: https://bit.ly/kitehillre 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.

  • Property Details
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$2,398,000
      • Lot DescriptionBackYard
      • MLS #41076331
      • MLS #41076331
      • CountyAlameda
      • Cost2398000
      • Property SubtypeTriplex
      • Acres0.1615
      • Year Built1963

Location

Esther NixReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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