835 Channing Way

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835 Channing Way

Berkeley, CA 94710
Asking Price
$3.25M
Cap Rate
5.48%
Asset Type
Multifamily
Class
Class B

What's Special

Multifamily | 5.48% CAP | 14 Units <ul><li>​On the market for the first time in almost 35 years!</li><li>​The lot is almost half an acre with the property consisting of three separate structures all with different addresses</li><li>​Units have been tastefully turned over as tenants have left and sense of pride of ownership is felt when you walk the property</li><li>​The property boast large units that rent easily</li><li>​The property has over 30% rental upside for the new ownership!!</li><li>​Conveniently located in West Berkele

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NOI
$80,000
Cap Rate
2.46%
DSCR
0.41
Underwater
Cash-on-Cash
-11.58%
Monthly Payment
$16,079.227
Annual Cash Flow
$-112,950.721

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