Chateau Shattuck is a rare 8-unit apartment community just steps away from UC Berkeley. This Victorian-style building offers a desirable unit mix of (5) studios, (2) 1 Bed 1 Bath, and (1) 3-bed 1 Bath unit. Strong, stable rental income $146,000 gross annual income and $98,000 NOI, reflecting a 4.6% cap rate at the current offering. Individually metered gas and electric by unit, on-site laundry facilities, parking lot in back and upside potential through unit-level renovations, rent optimization and ADU potential. An excellent addition to any multifamily portfolio in one of the East Bay's most enduring rental markets.
Lease Term
12 months5,000 Sq Ft
5,760 Sq Ft Lot Size
investment
Built in 1896
MLS/Listing ID ML82056468
Shingle
Parking
Style - Victorian
Concrete Perimeter
Heating - Wall Furnace
TOTAL MONTHLY COST
$0
$0
$0
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