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At 3,273 sq.ft., Berkeley’s 834 Bancroft Way is a fourplex that’s sizable without being unmanageable—great news for any buyer interested in doing their own upkeep. All four of the building’s four units will be delivered occupied after close with the building generating $11,934 per month in cash flow. Additional points that are crucial to note about this property are that it includes a generous backyard patio, laundry facilities (as well as 1-to-1 parking) onsite, and that it’s been upgraded in a number of ways, including an entire remodel for Unit B, spot upgrades for the other three units, on-demand water heaters and a new roof in 2018. One more thing that’s worth mentioning about this fantastic investment opportunity?—834 Bancroft is next to major employers such as Bayer and Kaiser, ensuring any vacancy will be short lived. It’s also close to Fourth St shopping and popular eateries (including Tomate Café and Viks Chaat) and great public spaces (including Strawberry Creek Park and McLaughlin State Seashore).
Property Type(s):
Multi Family
| Last Updated | 3/16/2023 | Year Built | 1966 |
|---|---|---|---|
| Community | Berkeley Map Area 6 | County | Alameda |
Additional Details
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Gas Water Heater, Tankless Water Heater, Washer |
| AREA | Berkeley Map Area 6 |
| BASEMENT | None, Yes |
| CONSTRUCTION | Frame, Wood Siding |
| EXTERIOR | Front Yard, Yard Space |
| GARAGE | Off Street, Parking Lot, Uncovered Park Spaces 2, Uncovered Parking Space |
| HEAT | Wall Furnace |
| LOT | 4792 sq ft |
| LOT DESCRIPTION | Front Yard, Paved |
| PARKING | Off Street, Parking Lot, Uncovered Parking Space, Uncovered Park Spaces 2 |
| UTILITIES | Individual Electric Meter, Individual Gas Meter |
Listed with Joey Wang | 510-592-4244, Keller Williams Realty
Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 4/1/23 1:59 PM PDT
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