3028 Colby St

BERKELEY, CA 94705 View Map $2,499,888 Schedule a Tour
Sq.Ft.4,346
Year1910

The C Group

(831) 216-1391

Schedule a Tour
Ask a Question
Status: Active
Property Type:Five Or More Units
MLS #:ML81951494
Sq. Feet:4,346
On Site:19 Days
Lot Size:5,702 Sq. Ft.
County:Alameda
5.12% CAP! Nestled in the peaceful Elmwood district of Berkeley, 3028 Colby graces the end of a serene cul-de-sac. Consisting of 5 units, 3 of 5 units are fully remodeled, with the largest unit featuring a new custom floor plan. All units are now leased to long-term tenants at full market value, showcasing the meticulous effort put into this investment. With all the hard work completed, the only thing left is to relax & enjoy the steady cash flow from this turnkey investment. Next to Alta Bates Medical Center, shopping, Whole Foods & just over a mile from the UC Berkeley campus. The front building features a 3-beds, 2-baths unit on the ground floor, complemented by two 1-bed, 1-bath units on the second floor. The rear building hosts a 2-bed, 1-bath unit on the top floor, and a 2-bed, 2-bath unit on the ground floor. Individual metering for electric, gas, & water in each unit places utility responsibility on the tenants, while the landlord covers garbage utilities. On-site parking & coin-operated laundry facilities for additional owner income. Enhanced with upgrades, an exceptional opportunity to acquire a building with robust cash flow & minimal expenses in this highly sought-after area. All of the makings for a stand out turnkey plug & play investment in a prime location.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:3028 Colby St, BERKELEY, CA 94705
County:Alameda
Zip:94705
Neighborhood:Berkeley Map Area 9

Features / Amenities

Carports: 5
Heating: Gas
Cooling: Central Forced Air - Gas

Property Features

Lot Size: 0.13 Acres / 5,702 Sq. Ft.
Number of Buildings: 2
Water: Public
Utilities: Individual Electric Meters, Individual Gas Meters
Sewer/Septic: Sewer - Public
Special Features: Parking
Zoning:R-3
Subclass: Five or More Units

Tax and Financial Info

Meters: Separate Electric, Separate Gas
Buyer Agency Compensation: 2.50%

Listing Agent/Office

Agent:Ramsin Jacob
Office:Real Brokerage Technologies
Broker Phone:408-909-0900

Schools

WALKING AND TRANSPORTATION

0
Wait...
Walk Score ®
0
Wait...
Transit Score ®
0
Wait...
Bike Score ®
Please wait while loading...

Schedule a Tour

3028 Colby St BERKELEY,  CA 94705
GO SEE THIS LISTING
3028 Colby St BERKELEY, CA 94705
 
ASAP
Sat
20
Apr
Sun
21
Apr
Mon
22
Apr
Tue
23
Apr
Wed
24
Apr
Thu
25
Apr
Fri
26
Apr
Choose Your Date -- It's Free, Cancel Anytime
Printable Flyer Get Directions