2307 2309 Prince St, Berkeley, CA 94705

$1,600,000

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List Price
$1,600,000
Status
ACTIVE
MLS#
41149508
Year Built
1910
Lot Size
3,600
Acres
0.08
Days on Market
0
Property Type
Multifamily
Property Sub Type
Quadruplex
Neighborhood
Berkeley

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.

Additional Information

Heat
Natural Gas
Cooling
Yes
Cooling Description
See Remarks
Exterior Construction
Stucco
Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: Jatin Mehta (jat@teamkitehill.com) from Listing Office: Kite Hill Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.