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Listed by Forrest McKeiver • Elevate Real Estate Group
$1,198,000
Est. payment /mo
5 Beds
4 Baths
3,388 SqFt
Open Sun 2PM-4PM
1572 Lincoln Ave Alameda, CA 94501
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Open House
Sun Sep 21, 2:00pm - 4:00pm
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,388 sqft
Price per Sqft $353
MLS Listing ID BE41112263
Bedrooms 5
Year Built 1900
Lot Size 6,175 Sqft
Property Sub-Type Fourplex
Source Bay East
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
Area Alameda Map Area 3
Interior
Heating Baseboard, Wall Furnace
Cooling Air Conditioning - None
Flooring Laminate, Tile, Carpet - Wall to Wall, Hardwood
Laundry In Laundry Room
Exterior
Exterior Feature Siding - Wood
Parking Features Parking Area
Garage Spaces 4.0
Roof Type Composition
Building
Sewer Sewer - Public
Others
Tax ID 72-331-42
Special Listing Condition New, Not Applicable
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