Multifamily For Sale

Overview

Highlights

• The unit mix includes (1) 2 bd/2 ba cottage, (3) 2 bd/1 ba units, (1) 1 bd/1 ba unit
• Individually metered for WATER, gas, and electricity keeping expenses low
• Improvements include unit renovations, upgraded electrical, and new security gate
• Features a 99 Walk Score and a 94 Bike Score highlighting the attractive location
• Ideally located just two blocks from the UC Berkeley Campus
• Steps from Shattuck and University Avenues allowing endless shopping and restaurant choices
• Just 0.3 mi to the Downtown Berkeley BART station offering complete bay area access

Description

NAI Northern California team is pleased to present 2005 Berkeley Way, a 5-unit multifamily property located in a prime Berkeley location. The property consists of (1) 2 bedroom/2 bathroom cottage, (3) 2 bedroom/1 bathroom units, (1) 1 bedroom/1 bathroom unit, and 5 gated off-street parking spots. Improvements include unit renovations, upgraded electrical, and a new security gate The property is individually metered for WATER, gas, and electricity keeping expenses low. Being just steps away from the UC Berkeley campus, this property has steady turnover allowing for consistent rent growth. This is an extremely rare opportunity to acquire a great asset in a prized Berkeley location.

Location

2005 Berkeley Way is ideally located for tenants commuting to all points of the Bay Area. Commuters utilizing public transportation will benefit from living one block from city bus lines and 0.3 miles from the Downtown Berkeley BART station. The property is two blocks from the UC Berkeley Campus providing a long-term stable tenant base and steps away from Shattuck and University Avenues allowing endless shopping and restaurant choices. Because of this property's attractive location, it will continue to demand premium tenants and maintain a very low vacancy rate.

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