3105 Telegraph Ave, Berkeley, CA 94705

$1,895,000
List Price
$1,895,000
Status
ACTIVE
MLS#
40847490
Days on Market
5
Lot Size
3,597
Lot Description
Other
Region
Berkeley Map Area 9
Estimated Age
100

Property Description

Cap Rate: 6.05% in Elmwood with Upside! 3105 Telegraph Avenue is a renovated, Craftsman-style apartment building in the charming Elmwood neighborhood. Built in 1918, the building consists of three (3) 2-bed / 1-bath and a large 1-bed / 1-bath unit. Two of the units have been substantially renovated down to the studs, and all of the windows in the building have been replaced. Due to the prime location and unique style, this rare investment opportunity will continue to be in high demand by quality tenants. Boasting of a walking score of 91, the property is a one block walk to Whole Foods and is surrounded by highly rated restaurants, cafes, and shops. The location is rated as a bikers paradise as tenants are able to accomplish daily errands with no need for a car. Tenants will continue to pay premium rents to live in this highly desirable neighborhood.

Additional Information

Taxes
$23,268
Year Built
1918
Acres
0.08
Roof
Other
Flooring
Other
Exterior
Other Skirt
Basement
Other
Cooling
Other
Heating
Other Heat
Parking Description
Attached Garage, Other
Yard Description
Other

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Grant Chappell from Joseph M. Tapia, Broker

© 2018 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. Date and time last updated: Website provided by: Real Geeks LLC