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Listed by Jatin Mehta, DRE #02045713 • Kite Hill Real Estate
$ 1,600,000
Est. payment /mo
New
2307-2309 Prince St Berkeley, CA 94705
9 Beds
5 Baths
3,815 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,815 sqft
Price per Sqft $419
MLS Listing ID EB41149508
Bedrooms 9
Year Built 1910
Lot Size 3,600 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre 2307-2309 Prince Street offers four units near Telegraph Avenue, with three residences tastefully updated and an approved permit for a two-bedroom, one-bathroom garage conversion ADU that creates room to grow. The building spans 3,815 square feet on an approximately 3,600-square-foot lot. Its unit mix includes two one-bedroom, one-bathroom units, a four-bedroom, two-bathroom unit, and a three-bedroom, one-bathroom unit. Gas and electricity are separately metered for each unit; the owner pays for water and garbage. Substantial storage space offers potential for additional income. The permitted garage conversion would add an approximately 800-square-foot ADU, projected to generate $3,000-$3,500 per month once completed and leased. Telegraph Avenue's restaurants and shops, Whole Foods Market, neighborhood parks, Ashby BART, and UC Berkeley are nearby. An investor can explore the property's additional income opportunities, while an owner occupant could live in the three-bedroom unit and collect an estimated $11,000 per month from the other four units after completing and leasing the ADU.
Location
State CA
County Alameda
Area Berkeley Map Area 9
Interior
Heating Gas
Cooling Other
Flooring Wood
Exterior
Exterior Feature Stucco
Parking Features Detached Garage
Garage Spaces 4.0
Roof Type Other
Building
Lot Description Regular
Others
Tax ID 52-1576-14
Special Listing Condition New, Not Applicable
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