Description
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).
Location
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