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ADDISON BERKELEY, CA 94702
- Multi-family (5 or more units) / REO Foreclosure
Property Details for ADDISON St, BERKELEY, CA 94702
Features
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Facts
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Description
This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.
9 units in Central Berkeley - 2 two bedroom units, 6 one bedroom units and one studio. Coin operated laundry. Small fenced front yard and open hard surfaced backyard. Double pane windows, 7 parking spaces, 4 are assigned. Near Strawberry Creek Park, 4 blocks to North Berkeley BART, Public transit on University Ave., shops, restaurants, etc. 9 electric meters, 9 gas meters and 7 water meters. Tenants in all units with the exception of unit 6 pay all utilities. Unit 6 pays PG&E. GRM 11.39 Gross Scheduled Income $182,172 Central location - great cash flow. PSL certificate on file.
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