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$1,198,000
Est. payment /mo
6,176 Sqft Lot
Open House
Sun Sep 21, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Alameda
MLS Listing ID 41112263
HOA Y/N No
Year Built 1900
Lot Size 6,176 Sqft
Property Sub-Type Quadruplex
Property Description
Welcome to 1572 & 1572 1/2 Lincoln Ave. An income-generating fourplex located in Central Alameda. Set on a 6,175 square foot lot, this 3,388 square foot property features a rare standalone, move-in ready, 2-bedroom / 1-bathroom cottage, with partial updates throughout. Offering newer flooring, fresh paint, modern fixtures, and its own dedicated parking, the cottage makes this multi-unit ideal for an owner-occupant or as a premium rental unit. The front building includes three additional, occupied in good-standing, rental units. A spacious 2-bedroom / 1-bathroom apartment, a well-proportioned 1-bedroom / 1-bathroom unit, and a cozy studio. All residents benefit from access to an on-site laundry room, backyard space, and parking. Adding amenities and functionality to the property. Conveniently located near Park Street's shops, restaurants, and easy access to public transportation, this very walkable, well-maintained fourplex is great for investors looking for solid cash flow or buyers seeking a hybrid opportunity to live and earn in one of Alameda's most desirable neighborhoods.
Location
State CA
County Alameda
Interior
Heating Baseboard, Wall Furnace
Flooring Carpet, Laminate, Tile, Wood
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description Back Yard, Front Yard, Yard
Sewer Public Sewer
Others
Tax ID 7233142
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
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Listed by Forrest McKeiver Elevate Real Estate Group
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