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Attention House Hackers and Savvy Investors! Discover your dream investment in South Berkeley—a beautifully renovated, income-ready triplex! This gem features a sun-filled, top-floor owner’s unit with 4 bedrooms and 2 baths. On the first floor, enjoy two upgraded units: a spacious 2-bedroom, 1-bath and a charming 1-bedroom, 1-bath. Imagine the financial freedom of an estimated $54,000 in annual rental income! That’s $2,500/month for the 2-bedroom and $2,000/month for the 1-bedroom –– offset your mortgage! There’s updated plumbing and electrical systems, a compliant sewer lateral, luxurious vinyl plank flooring, quartz countertops, new appliances, and dual-pane windows. Whether you’re looking to house hack or purely invest, this triplex is a golden opportunity. Live in the 4-bedroom unit and let rental income lower your costs, or rent it all to enjoy a potential gross income of $8,000 to $8,500 per month. (The 4-BR unit alone could bring in $3,500 to $4,000 monthly.) All renovations were done with permits, including the garage ADU conversion, additions, remodels, foundation, roof, electric main upgrade, and sewer lines. This is a great opportunity to live and invest in Berkeley!
Last Updated | 9/15/2024 | Tract | SOUTH BERKELEY |
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Year Built | 1896 | County | Alameda |
Price History
Prior to Sep 2, '24 | $1,895,000 |
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Sep 2, '24 - Sep 11, '24 | $1,799,000 |
Sep 11, '24 - Sep 15, '24 | $1,749,000 |
Sep 15, '24 - Today | $1,699,000 |
Additional Details
APPLIANCES | Gas Water Heater |
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GARAGE | On Street |
HEAT | Natural Gas |
HOA DUES | 0 |
LOT | 2250 sq ft |
LOT DESCRIPTION | Corner Lot, Yard |
PARKING | On Street |
SEWER | Public Sewer |
SUBDIVISION | SOUTH BERKELEY |
Location
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