950 Bancroft Way, BERKELEY

$1,250,000

Available
0 Beds
0 Baths
5,500 Sqft
.13 Acres
0 Garages

A rare opportunity to own a corner property in one of the most sought after neighborhoods in west Berkeley . This 3069 SF fourplex sitting on a 5500 SF lot consists of two 2bedroom one bath and two 1bedroom one bath. There are four off street parking stalls on the 9th street side and a long drive way with space for two cars parked at tandem on the Bancroft side. A large common area back yard with fruit trees enhances the ambiance and gives the feeling of private residence to each tenant .Property has a new roof and been well maintained. it is offered at 14.6 GRM and 4.3 current cap rate . This property has an enormous upside potential with a potential proforma Cap rate of 7.1.

Essential Information
MLS® #40876437
Price$1,250,000
Square Footage5,500
Acres0.13
Year Built1946
TypeResidential Income
Sub-TypeFOURPLEX
StatusActive
Community Information
Address950 Bancroft Way
AreaBerkeley Map Area 6
CityBERKELEY
CountyAlameda
StateCalifornia
Zip Code94710
Amenities
FeaturesGarden
Parking Spaces6
Parking

Off Street Parking, Tandem Parking

Interior
HeatingGas, Wall Furnace
CoolingNo Air Conditioning
Exterior
ExteriorStucco
Lot DescriptionCorner, Level
RoofTar and Gravel
Additional Information
Date ListedJuly 31st, 2019
Listing Details
AgentBeruz Jalili
OfficeOCEAN VIEW REAL ESTATE

Get directions to this property:

Bridge MLS Logo

Bay East ©2019. CCAR ©2019. BridgeMLS ©2019. Information deemed reliable but not guaranteed.
This information is being provided by the Bay East MLS or the CCAR MLS or the EBRDI MLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listing information last updated on August 24th, 2019 at 6:31pm PDT.

Sign up for email updates