Genoa Street Apartments

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Asking Price $1,245,000

Units 4

PROPERTY DESCRIPTION

5825 Genoa Street is a great 4-Unit investment, on a quiet residential street, near UCSF Benioff Children’s Hospital, Temescal, the Berkeley border, and the Ashby BART station. The property offers four 1bd/1bth units and is an excellent opportunity for the next investor to have immediate cash flow with significant rental upside. The remodeled units offer double pane windows, hardwood floors, new cabinets, custom tiling, granite counters, gas stoves, new fixtures, ample storage, and a spacious layout. Many of the units are below market in rent, offering the next investor the opportunity to raise rents and achieve greater cash flow. The property has a history of little or no vacancies and is currently fully occupied. The rear of the property offers a backyard area along with four off-street enclosed garages. Maintenance is low and the property is separately metered for PG&E providing for low annual expenses.The property offers an excellent location with immediate access to HWY 580 and HWY 24 with proximity to Berkeley and San Francisco. There are many restaurants and shopping districts nearby making this the perfect property for an investor or owner-occupant.

PROPERTY HIGHLIGHTS

  • Separately Metered For PG&E With Low Annual ExpensesPerfect For New Or Seasoned Investors

  • Four Large 1bd/1bth Units With Dedicated Garages and HugeRental Upside

  • Amazing Location Near Public Transportation, Shopping, Diningand Much More

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