893 Neilson ST Pending

Berkeley,CA 94707

$ 1895000

2 Beds

2 Baths

5600 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 5,600 sqft

Price per Sqft $338

MLS Listing ID MR41087055

Bedrooms 2

Originating Board Bridge MLS

Year Built 1928

Lot Size 5,323 Sqft

Property Sub-Type Five or More Units

Property Description

This Prominently featured mixed-use building is situated on a prime corner parcel on the Berkeley/Albany border. A two-story building with expansive frontage and south facing exposure, allows for an abundance of natural light. With (3) commercial/retail spaces at street level and (4) residential units on the second floor, the property has a balance unit-mix that appeals to a broader renter base. The investment offers excellent upside potential for an owner/user or investor as (2) commercial/retail spaces and (2) residential spaces have been updated and delivered vacant. The building also has recent capital improvements that include a new roof, new paint, and an exterior building restoration for starters. Adorned with period charm that has been nicely preserved add to the overall aesthetics, while a private parking area and rear yard lend to the expansiveness of the parcel. Conveniently located in one of the East Bay's most popular enclaves, the property boasts a Walking Score of 95 as many eateries, cafes, boutiques, shopping and transportation are within walking distance. Don't miss this unique opportunity.

Location

State CA

County Alameda

Area Berkeley Map Area 2

Interior

Heating Gas

Cooling None

Flooring Laminate,Linoleum,Carpet - Partial,Tile,Concrete,Hardwood

Exterior

Exterior Feature Stucco,Wood Frame

Parking Features Off-Site Parking,Parking Area,Access - Side Yard

Garage Spaces 4.0

View Hills,City Lights

Building

Lot Description Other

Sewer Sewer - Public

Water Public,Heater - Gas

Others

Tax ID 062-287-002-000

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