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1702 Fairview St Berkeley, CA 94703
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Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision South Berkeley
MLS Listing ID 40930392
Sold Date 01/06/21
HOA Y/N No
Year Built 1908
Lot Size 2,522 Sqft
Property Description
NEW PRICE & Move-in Ready! Income-producing Golden Duplex. The VACANT lower unit is perfect for owner occupancy. Beautifully remodeled Edwardian Duplex in the heart of South Berkeley features period details, energy-efficient upgrades, & captivating charm. Unit Mix:Upper unit (1704)-3bed/1bath, in-unit laundry room, finished attic w/skylights, refinished Douglas Fir wood floors, remodeled kitchen w/butcher-block counters & integrated appliances. Lower unit (1702)-2bed/1bath w/private washer/dryer, yard, remodeled kitchen, integrated appliances, upgraded bathroom w/soaking tub, reclaimed redwood counter & Heath Ceramics tile. Corner lot w/great daylight & custom redwood fence that provides complete privacy. Add'l upgrades include electrical, wood-siding, custom wood windows, plumbing, & more! Annual rental income has been $81,000. Rents:Upstairs-$3,250 & Lower unit previously rented at $3,500. Cap Rate:6.35%. Convenient to Ashby BART, schools, Berkeley Bowl & much more! 1702fairview.info
Location
State CA
County Alameda
Interior
Heating Baseboard
Flooring Tile, Wood
Fireplace No
Appliance Dryer, Washer
Exterior
Garage Garage
Roof Type Shingle
Parking Type Garage
Total Parking Spaces 2
Building
Lot Description Back Yard, Corner Lot, Front Yard
Sewer Public Sewer
Others
Tax ID 5215341
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Bought with Brendan Moran • 5 Star Real Estate
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