3028 Colby ST, Berkeley, CA 94705
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
Features
| Cooling | Central Forced Air - Gas |
| Foundation | Concrete Perimeter |
| Garage Parking Features | Off-Street Parking |
| Heating | Gas |
| Roof | Other, Shingle |
| Sewer Septic | Sewer - Public |
| Subclass | 701 |
| Water | Public |
Community Info
Local Schools | |
Local Utilities | Recreation |
Restaurants | Home and Garden |
Schools
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All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be,verified by broker or MLS.
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Updated on 5/5/2024
Property Information
- MLS:
- ML81951494
- Type:
- 701
- Year Built:
- 1910
- Listed:
- 1/16/2024
- Interior:
- 4,346
- Lot Size:
- 5,700
- Schools:
- GS Dist: 1034
HS Dist: 1034
 | LP: $2,499,888 Berkeley,94705 |
All information furnished regarding property for sale, rental, comparables or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.