2425 Grant St Berkeley, CA 94703
Back on the market at a 6.00% Cap Rate. 2425 Grant St is a 10 unit apartment building in central Berkeley, just a few blocks from Downtown Berkeley & under 1 mile from UC Berkeley, the #1 public university in the world. the property features 1 studio, and 9 2-bedroom units. 2 units feature private backyards & 1 unit is a tomehome style unit. 9 units have been updated with contemporary finishes. The units are individually metered for water/sewer, gas and electric, leaving few operating expenses for the seller to pay for. The property has undergone significant exterior capital improvements including a seismic retrofit (2015), sewer lateral compliance (2014), new exterior paint (2023) and new landscaping (2023). The property features 9 parking spaces, and on-site, coin-operated laundry facility and a large owner's storage room. Residents of the property are steps from Downtown Berkeley, under 1 mile to the UC Berkeley Campus and proximate to the Southside, South & North Berkeley neighborhoods making this an ideal housing option for students, young professionals and families alike. The property features an 83 Walk Score and a 95 Bike Score in addition to having easy access to several modes of public transportation including BART and AC Transit Bus lines.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyAlameda
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site79 Days
- MLS StatusPending
- MLS ID Number424011528
- Home Size Source N/A
- Year Built1962
- Lot Size0.155 Acres
- Full BathsN/A
- Partial BathsN/A
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