1622 Russell St., Berkeley, CA 94703

Property Description

Discover a versatile and highly walkable investment opportunity! This three-unit property features a vacant two-bedroom, one-and-a-half-bath front residence, along with a separate rear duplex consisting of two tenant-occupied, 1-bed, 1-bath units. The vacant front residence offers a flexible living arrangement with a small office area created from a portion of one bedroom, additional half bathroom, and the convenience of an in-unit washer and dryer, dishwasher, stove, and refrigerator. Major improvements were completed approximately five years ago. The rear duplex provides an established rental income stream, with each unit offering one bedroom and one bathroom. Additional property features include parking for all 3 units, individually metered gas/electric/water utilities, and electric central heat. With the front residence currently vacant, buyers have the opportunity to explore owner-occupancy while benefiting from rental income from the rear units or lease all three units as an investment property. The property is conveniently located near A-rated Malcolm X Elementary School, Willard Middle School, and Berkeley High School. Ashby BART station and other transportation options are nearby, along with the many amenities Berkeley has to offer. Don't miss this amazing opportunity!