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Raj Pat
  • San Jose, CA
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118
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Off Market-Duplex Flip or Rental Berkeley CA $100k Profit

Raj Pat
  • San Jose, CA
Posted May 9 2017, 16:54

Hello Investors,

Here is another deal for you savvy investors/flippers/landlords

We have a property for wholesale in Berkeley CA. The property is off market and is located in a VERY desirable community in Berkeley CA

Purchase Price: $1 Million

Rehab: $40k to $60k

Resale Value: $1,250,000 to $1,350,000

EST Property Details: both units

2Bedroom

1 Bathroom

Rents: $3600 per unit

On a large possibly can convert the garages into a 2/1 apartment

Note: Property must be sold CASH, hard money is okay. We have escrow open, Buyer pays for title/escrow (transfer tax buyer pays) ... Property is subject to no contingencies and is SOLD AS IS. There is very limited showings for this property and we must close by next Friday. A $20,000 NON REFUNDABLE

EMD must be in escrow once into contract. There will be no reduction period. Looking for a seasoned investor/flipper. Buyer pays all fee's to escrow and transfer tax. Buyer must be able to close escrow within 7 days. Additional info available upon request. No dizzy chains and or lengthy whole-sellers.

NO WHOLESALE TEAMS CAN TRY TO LOCK THIS PROPERTY UP - IF YOU HAVE A BUYER LET US KNOW AND WE WILL WORK WITH THEM DIRECT, YOU CAN CHARGE THEM A FEE.

PROPERTY IS VACANT STARTING JULY (BOTH UNITS VACANT IN JULY) -

DO NOT DISTURB TENANTS APPOINTMENT ONLY!

Comps:

2313 6TH ST Berkeley CA - $1,395,000

1600 8th St Berkeley CA - $1,250,000

1231 Ordway St Berkeley CA - $1,257,000

DM for details.


Thank you

Offering

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