2807 Shattuck Avenue, Berkeley, CA 94705
List Price: $2M
Listing Status: Active
0Days on Market: 1
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1896
Lot Size: 5,760 sq ft
Annual Property Tax: $24,584
MLS Number: ML82056468
About This Property
Chateau Shattuck is a rare 8-unit apartment community just steps away from UC Berkeley. This Victorian-style building offers a desirable unit mix of (6) studios, (1) 1 Bed 1 Bath, and (1) 3-bed 1 Bath unit. Strong, stable rental income $146,000 gross annual income and $98,000 NOI, reflecting a 4.6% cap rate at the current offering. Individually metered gas and electric by unit, on-site laundry facilities, parking lot in back and upside potential through unit-level renovations, rent optimization and ADU potential. An excellent addition to any multifamily portfolio in one of the East Bay's most enduring rental markets.
Listing provided by: Travis Raciti DRE #02246639 650-799-9205 travraciti@gmail.com, Luxmore Real Estate
Source: CRMLS, MLS #: ML82056468
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.