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2222 Haste
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$2,010,000

2222 Haste

3,339 Sq.Ft.

Description

To access the marketing package copy/paste: https://bit.ly/kitehillre 2222 Haste is an exceptional investment opportunity tailored for the student rental market, offering a unique combination of convenience and functionality. With 7 bedrooms and 6 bathrooms, this property is designed to meet the demands of student tenants. Its versatile unit mix includes a studio, a 1-bedroom, a 2-bedroom, and a 4-bedroom with 3 baths, catering to a wide range of student needs and preferences. Located just three blocks from the south side of the UC Berkeley campus, 2222 Haste provides easy access to the university, making it highly attractive to students. The property boasts a strong and steady income stream, generating $10,877 per month, which amounts to an impressive annual income of $130,534. Additionally, there is significant potential to increase this cash flow, with a 32% upside in gross rents. Units 2220A and 2220B, in particular, present a remarkable opportunity for rental growth, with the potential to increase gross rents by 150% to 300%. This makes 2222 Haste not only a reliable source of income but also a valuable asset with room for further financial growth. Beyond its income potential, 2222 Haste offers practical features that enhance its appeal.

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Location

2222 Haste, Berkeley, CA 94704

Status

Sold
Jatin Mehta

Jatin Mehta

TITLE

Founder

Property Amenities

Interior
Laundry room In Unit
Flooring Carpet, Wood
Other Interior Features Storage
Area & Lot
Lot Area 6,700 Sq.Ft.
Living area 3,339 Sq.Ft.
MLS® ID 41069383
Year Built 1896
Type Multi-Family
Status Sold
Exterior
Air conditioning No Air Conditioning
Heat type Natural Gas
Sewer Public Sewer
Other Exterior Features No Yard
Parking None
Lot Features Regular, Paved
Roof Flat
Utilities Individual Electric Meter, Individual Gas Meter
Finance
Sales Price $2,010,000

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