3028 Colby St, Berkeley, CA 94705

3028 Colby St is located in the Elmwood district of Berkeley at the end of a quiet cull de sac just under 1 mile from the UC Berkeley campus. The property consists of 5 residential units and 5 car parking. The front building consists of one 4 bedroom and 2 bath unit on the ground floor and two 1 bedroom 1 bath units on the second floor. The rear building consists of one 2 bedroom 1 bath unit on the top floor and a 2 bedroom 2 bath unit on the ground floor. The building is individually metered for electric, gas, and water. The tenants pay for gas, electricity, and water. The landlord pays for garbage utilities. This is a rare opportunity to acquire a well-maintained high cash flowing building with very low expenses in a highly desirable area for rentals.