1115 Harrison Street, Berkeley, CA 94706

About this triplex

For both investors and those looking to occupy one unit while renting out the others, this triplex presents an attractive investment opportunity with its upside potential for strong positive cashflow in the highly desirable Westbrae neighborhood of Berkeley. Three side by side 1bd/1ba units each with a private courtyard in front and bonus space on both sides. Double wide driveway for 2 off-street parking spots. Held long-term by one family for generations, the building has impressive potential to be a lucrative investment with a projected gross annual income of approximately $85,000 based on current fair market rent yielding a Cap Rate of 7.3%. Unit 1119 will be delivered vacant allowing the option of owner-occupant financing; Units 1117 & 1115 are occupied by long-term tenants.

Listing description from the May 2024 sale, as reported to CRMLS.

Sale history

$725,000

Sold May 2024 · listed $699,000, on market May 2024 · MLS #41061300 · Source: CRMLS

Listing Agent: Mikayla Weissman · Listing Office: Avenue 8 Inc. · Contact: 415-322-9096 · Bought with: John Vander Meulen · RE/MAX Accord

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