2116 8Th St, Berkeley, CA 94710
- Sqft
- 4,040
View property features, location on map, relevant school information and overview from seller's agent.
- 0
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Overview
Great multi-generational housing opportunity, with income potential. First time owner-builder has placed this five-unit building on the market in 62-years. The property has huge upside potential. The property is being sold "AS-IS". Asking price reflects adjustment for the building's condition. The structure has some deferred maintenance, showing wear in units B, C, and E. Termite report with cost to cure estimate of $29,200. for Section 1 and Section 2 has been uploaded along with preliminary title report, JCP report, and Section 8 printout (see associated docs). Rents shown are projected using approved two-bedroom, Section 8 rents for the 94710 Zip Code. The last Section 8 tenant paid $3,140 a month. The owner reports that property insurance is $4,000 a year, house PG&E electric and gas is $3,200 a year, water is $3,600 a year, garbage is $2,100 a year, and business license is $729 a year. The composition shingle roof is 26 years old. Offers will be considered when received. The owner will deliver the building vacant at close of escrow.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 4,040
- Lot size (acres)
- 0.12
- Year built
- 1964
Interior features
- Laundry
- Common Area
Utilities
- Heating
- Wall Furnace, Natural Gas
- Cooling
- None
- Sewer
- Public Sewer
- Water
- Public Water
Public schools
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Sourced from: Bay East Association of REALTORS MLS®#: 41134297 Last checked: …
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