REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Melynda Yun Li • Garth Realty
$ 1,380,000
Est. payment /mo
Active
1707 Lincoln Ave Alameda, CA 94501
4,560 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 01-41095418
Year Built 1900
Lot Size 4,560 Sqft
Property Description
Seller's Cap Rate 7.5% by May 2025. This unique 3-unit mixed use property is located in the heart of City of Alameda w/ an excellent walkability and exuberant vibes. Steps to Grand Street where is a showpiece of elegant architectural styles. The property is a true gem in between the choicest and prettiest residence district and the vibrant commercial district. Professionally managed/ tenant fully occupied building with a rental income at $124,285/ year. Unit 1707: SAGA Kitchen, 2,460 sqft. Unit 1707B: Residential 3bd, 2bathrooms, 1,397 sqft. Unit 1709: SAGA Kitchen, 743 sqft. All units are in great conditions. All tenants pay their utilities. Ample storage areas in Attic and Basement. Private 2-car Driveway Parking. Great and happy Tenants! Offers due by 5:00 PM on June 30, Monday.
Location
State CA
County Alameda
Zoning C-1
Interior
Heating Forced Air
Laundry Dryer Included, Washer Included
Exterior
Parking Features Gated
Building
Lot Description Level with Street