2116 8Th St, Berkeley, CA 94710
List Price: $1.35M
Listing Status: Active
0Days on Market: 1
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1964
Lot Size: 5,400 sq ft
MLS Number: 41134297
About This Property
This is the first time owner-builder has placed this five-unit building on the market in 62-years. The property has huge upside potential. The property is being sold "AS-IS". Asking price reflects adjustment for the building's condition. The structure has some deferred maintenance, with heavy wear in units B, C, and D. Termite report with cost to cure estimate of $29,200. for Section 1 and Section 2 has been uploaded along with preliminary title report, JCP report, and Section 8 printout. Rents shown are projected using approved two-bedroom, Section 8 rents for the 94710 Zip Code. The last Section 8 tenant paid $3,140 a month. The owner will deliver the building vacant at close of escrow.
Listing provided by: Lamont Thompson DRE #01172158 415-308-4059 lamont.c.thompson@gmail.com, Lamont Thompson, Broker
Source: CRMLS, MLS #: 41134297
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.