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[하우스] Pending- Berkeley 7 Unit Multi Plex for Sell ( $2.35 Million, Seller can Carry $1.6 Million) - 종료 -마감
마감일
2019-01-12
지역
Berkeley
내 용
Off-Market Special !!
This is a 7 unit property that is a 3 minute drive ( 10 Minute Walk) to UC Berkeley. It is a 10-15 minute walk to Downtown Berkeley. EXTREMELY highly desired area for rental properties. Expect for the properties to be rented by business professionals of the area and the like.

Property is in good condition but has not been renovated since the early 80's. Tenants are paying extremely low rents for the area. The move here is to get everyone out while you do the renovation. Empty, this place could be completed in 6 months maybe less. Right in time for the summer!! Proposed rents are $2800-3500 a unit depending upon which one they chose. You will NOT have a problem renting this place out upon completion due to highly desired location.

the Owner will carry with $1.6 mill down for 24 months without ANY interest or payment due. If you go over the 24 months, 5% interest will accrue per annual.

(7 UNITS) 7 Bedroom 7 Bathroom 5003 Sq ft a 6800 Sq Ft lot
(1) 2 BEDROOM 1.5 BATH/ (5) 1 BEDROOM 1 BATH/ 1 HUGE STUDIO

Your Purchase Price: $2,390,000 with OWNER FINANCING (Originally ASKING for Full Cash price is $2,399,000)

Rehab Cost : $25-30,000 PER UNIT ($210,000 MAX)

RENTAL INCOME POTENTIALLY : $2500-3500++ MONTHLY

PROPERTY VALUE UPON COMPLETION: $3.2-3.3 MILL

Potential Profit: $790,000+++ ( BASED ON $3.2 MIL RESELL does not include rental income!!!)
SUPER HOT, HOT BERKELEY NEIGHBORHOOD!!
EXTREMELY UNDER MARKET RENT FOR THE AREA!!
PROPERTY IS IN GOOD CONDITION!!
UC BERKELEY A WALK AWAY!!!
WALKING DISTANCE TO DOWNTOWN BERKELEY!! SHOPPING, RESTAURANTS, BARS, ETC...
WALNUT STREET BERKELEY, CA 94709 _


Please Call or text me if interested.

**Please Do Not Disturb Tenants** It will be available until sold**

Paul kim / Intero Real estate
Bre# 01719273
  • 작성자
    Paul Kim
    전화번호
    4087729652
  • Email
    pseungkimgmail.com
SF Journal 광고 문의: 이메일 kim@sfkorean.com
김진형 (408) 205-6340, 박성보 (510) 926-0606, 박효림 (408) 529-2191
SF Journal 광고 문의: 이메일 kim@sfkorean.com
김진형 (408) 205-6340, 박성보 (510) 926-0606, 박효림 (408) 529-2191
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