2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
2112 9th Street
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$1,387,000

2112 9th Street

2,736 Sq.Ft.

Description

Nestled just one block from the vibrant University Avenue and a mere 8-minute jaunt from UC Berkeley, this enchanting 6-Unit complex boasts an unbeatable location tailor-made for both scholars and professionals alike. Its cyclist-friendly lanes, swift access to I-80, and close proximity to public transit and the bustling 4th Street shopping district epitomize the epitome of convenience and a covetable lifestyle for its residents. This property, encompassing six units - including (4) inviting 1-bedroom units and two cozy studios - sprawls across approximately 2,736 square feet and comes with 6 parking spaces, coin laundry and secure bike racks. Originally crafted in 1962, the complex gracefully occupies an expansive lot measuring roughly 5,200 square feet, presenting an enticing opportunity for astute investors aiming to harness the escalating rental rates in the area. With an astonishing 42% upside in rental income potential, this property stands poised to yield an impressive annual income of $113,942, translating into an estimated gross rental income that surges past $9,495 each month, making it an irresistible proposition for those seeking substantial returns on their investments.

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Location

2112 9th Street, Berkeley, CA 94710

Status

Sold
Jatin Mehta

Jatin Mehta

TITLE

Founder

Property Amenities

Interior
Laundry room Coin Operated
Flooring Linoleum, Wood
Other Interior Features Storage
Area & Lot
Lot Area 4,791.6 Sq.Ft.
Living area 2,736 Sq.Ft.
MLS® ID 41038700
Year Built 1962
Type Other
Status Sold
Exterior
Air conditioning No Air Conditioning
Heat type Electric
Sewer Public Sewer
Parking Off Street
Lot Features Regular
Roof Flat
Finance
Sales Price $1,387,000

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