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$2,125,000
10 bed
5 bath
0 Sqft
4,000 Sqft lot

2211 Haste Street, Berkeley, California 94704

  • Residential Income Property Type
  • 12 Days Time on market
  • 1906 Year Built
Property Description

To access the marketing package copy/paste: https://bit.ly/kitehillre. OFFERS MAY 22ND BY NOON. Discover an exceptional investment opportunity at 2209-2211 Haste, a recently renovated duplex in the heart of Southside Berkeley just 2 blocks to campus. With a strong in-place income, this property offers an attractive combination of reliable returns, attractive metrics, and substantial upside potential. This property generates $15,800/month, resulting in an impressive annual income of $189,600, ensuring a steady and consistent cash flow. Priced at a competitive 10.88 Gross Rent Multiplier (GRM) and a 6.01% Cap Rate, it immediately delivers value for savvy investors. Additionally the property offers significant upside – 25% growth in rents and comes with plans for a 2 bed, 1 bath ADU. (Permit expired – buyer needs to resubmit the previously approved plans for a new permit.) Tailored for the student rental market, 2209-2211 Haste offers a total of 10 bedrooms and 5 bathrooms, including a spacious 7-bedroom, 3-bathroom layout and a comfortable 3-bedroom, 2-bathroom unit. This versatility caters to the diverse needs of the student population. The property’s prime location just steps from the University of California Berkeley, with remarkable walk, transit, and bike scores.

Basic Details
Residential Income
Buy
41058871
$2,125,000
10
5
0 Sqft
1906
4,000 Sqft
Active
Duplex
Multi-family
Features
: Natural Gas
0
$0
: Public Sewer
Address
CA
Alameda
Berkeley
94704
2211 Haste Street
2211
0
W123° 44' 6.4''
N37° 51' 55.6''
Additional Information
12
0
1
0 Sqft
0 Sqft
0 Sqft
0.09 Sqft
4,000 Sqft
0 Sqft
055 188801700
$0
$0
$0
$0
$0
$0
0 Sqft
0 Sqft
$0
1
08/05/2024 09:28:31
$2,125,000
Cash,Conventional,1031 Exchange
google maps Cross Street: Fulton St.
Pellego
Jatin Mehta
BMLS-OBPELLEGO
BMLS-R02045713
$0
: Wood Siding
12
: Wood
1
: Back Yard
1
2
US-06001-N-055 188801700-R-N
Duplex
08/05/2024 17:53:41
Haste Street
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