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1628 Fairview Street Berkeley, CA 94703
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Key Details
Sold Price $1,440,000
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,102 sqft
Price per Sqft $464
MLS Listing ID EB40791444
Sold Date 09/05/17
Bedrooms 4
Full Baths 1
Half Baths 1
Originating Board EBRD
Year Built 1896
Lot Size 6,750 Sqft
Property Description
1628 Fairview is located in South Berkeley on a quiet street within blocks of the Ashby BART station. We are pleased to introduce this quaint, yet beautiful property featuring five 1 bedroom/1 bath units; 4 of which have been extensively remodeled. Built in 1896, the entire property maintains attractive details including refinished hardwood floors, remodeled kitchens, and large windows that allow for ample natural light. The building is a one of a kind; featuring three-stories of Victorian style living spaces with a recently redone steel/wood staircase and deck (2013). The seller has also upgraded the electrical systems, plumbing systems, and is currently installing a new wood fence that is not reflected in the photos of the property. The previous owners installed a new concrete foundation. With over an 8% return from day one, this is one of the highest cash flow deals on the market and this property is an ideal long term investment that is rarely seen in the Berkeley area.
Location
State CA
County Alameda
Interior
Heating Gas
Flooring Other
Laundry Dryer, Washer, Community Facility
Exterior
Exterior Feature Wood Frame, Other
Garage Spaces per Unit - 1
Garage Spaces 5.0
View Other
Roof Type Composition,Other
Building
Lot Description Regular
Water Other
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Bought with David Weglarz • SDWQ01