MLS#ML82053677
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLOther
Listing Courtesy of:
Marcus & Millichap
Agency Phone: (650) 391-1700
Associate Name: Eymon Binesh
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Property Description
Perfectly positioned just blocks from the University of California, Berkeley and the vibrant dining, shopping, and entertainment along Downtown Berkeley and Shattuck Avenue, 2231 Grant Street offers investors the opportunity to acquire a premier Berkeley apartment asset in one of the East Bay's most sought-after rental markets. The 22-unit community features an attractive mix of studio, one-bedroom, and two-bedroom floor plans within a well-maintained, elevator-served building with individually metered gas and electricity and 10 off-street parking spaces. Priced at just $219,000 per unit with a 6.39% in-place CAP rate and significant upside, 2231 Grant Street represents one of the most compelling multifamily investment opportunities currently available in Berkeley.
Property Features
Property Type: Commercial - Business
Cooling: None
Heating: Electric
Lot Size: 0.30 Acres
Taxes: $87,972
Year Built: 1967
Feature Descriptions
Days on Site: 8
Parcel#: 057201401901
Water: Public
Local Schools
School District: Other
Listed By / Shown By
Listed By
Agency Name: Marcus & Millichap
Agent Name: Eymon Binesh
Agency Phone: (650) 391-1700
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
2231 Grant Street | MLS# ML82053677
This commercial property located at 2231 Grant Street, Berkeley, CA 94703 is currently listed for sale with an asking price of $4,828,000. Grant Street is located within the Other school district. Search Berkeley real estate on www.farrellsmyth.com today.