Dwight Street Potential Community Site Visit THIS AFTERNOON & Tuesday

From: Raines Cohen
Sent on: Sunday, February 21, 2010 2:17 PM
Announcing a new Meetup for East Bay Cohousing - Berkeley/Oakland/Emeryville/SF area!

What: Dwight Street Potential Community Site Visit THIS AFTERNOON & Tuesday

When: Sunday, February 21, 2010 3:45 PM - 5:00 PM

Price: $10.00 per person - Please RSVP using link at the bottom of this message (do not reply to RSVP)

Where:
Mo'Joe Cafe
2517 Sacramento St.
Berkeley, CA 94702
[masked]

Join Betsy and some interested EBCOHO folks for a quick sneak peek at an interesting potential community/group house site on Dwight Street, near Sacramento. EBCOHO supporting member, real estate buyers' agent Mickey Tenenbaum, brought this to our attention:

A vacant 17-bedroom, three-story, over-6,000 square foot historic Victorian mansion near downtown Berkeley is on the market, listed at just over a million bucks:

listing for Dwight St. Mansion

It's currently configured as a rooming house with 24 beds; the extensive grounds (9,000 square foot lot) include a sauna and hot tub. It's zoned for three units, and has just one kitchen currently, so it might work better as an extended community/group home than traditional separate-independent-units cohousing. It is actively on the market, so it may go fast - a group may have to take quick action to get an offer together, and it's unlikely that an extended-time purchase option would be available; seller financing (up to 80% of purchase price for several years at 4.75% interest, if I'm reading the listing correctly) is available.

If you can't make this afternoon's sneak-preview tour, no problem, we'll try to capture video and we've got another walkthrough planned for the official open house this Tuesday afternoon. Do RSVP "No" by clicking on the link below and indicate your interest so we know to follow up with you.

Learn more and RSVP here:
http://www.ebcoho.org/calendar/12666389/
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