Offered at $429,000
1552 ALCATRAZ AVE BERKELEY, CA 94703
6BD/2BA former residential care facility located on Alcatraz in Berkeley. The bldg. may be able to be converted to a lrg (2195 sq ft) home or multi-units (chk w/city), or operated as a nursing or boarding home (its current zoning). Lrg. lot (6450 sq ft), bonus rms, 2-car garage. Needs rehab.
Believe it or not, this is actually the first home in Berkeley ever featured on Burbed. Thanks to Burbed reader mrbogue for this find (sorry it took me so long to post it!)
Burbed doesn’t know much about Berkeley, other than it’s the other pillar of the Smart People factory that the Bay Area is. So, help me out… is this a good deal or not? Could you rent this to 24 undergrads to turn a profit?