For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $4,200,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Central Berkeley
MLS Listing ID 41048962
Sold Date 05/31/24
HOA Y/N No
Year Built 1912
Lot Size 5,166 Sqft
Property Description
Whether you’re hoping to explore the beauty of Berkeley’s waterfront or the manicured lawns of UC Berkeley, nothing is more than a few minutes away from the front door of 2210 MLK Jr. Way. This turnkey, a triplex (two 5BR/2BA + one 6BR/1BA) plus an ADU (5BR/2BA) property was fully remodeled in 2022 and comes with the most modern amenities. Since its completion in 2023, it’s been professionally managed by the Berkeley Group, a student housing provider in Berkeley that offers meticulous property oversight and upkeep. Current occupants generate an impressive amount of cash flow (approximately $37,000 per month) and that number is poised to increase in the years ahead as housing demand grows. For prospective investors looking to park their money in a well-located, stable, and cash flow-heavy property that requires minimal in the way of upkeep or capital investments, 2210 MLK Jr. Way is worthy of immediate consideration.
Location
State CA
County Alameda
Zoning R-2
Interior
Heating Electric, Heat Pump, Natural Gas
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile, Wood
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Garage On Street
Parking Type On Street
Total Parking Spaces 4
Building
Lot Description Back Yard, Front Yard, Street Level
Sewer Public Sewer
Others
Tax ID 5720187
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Martin Cai • eXp Realty of California
GET MORE INFORMATION
Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692