Alameda, CA 94501,1707 Lincoln Ave
Alameda, CA 94501,1707 Lincoln Ave
Alameda, CA 94501,1707 Lincoln Ave
Alameda, CA 94501,1707 Lincoln Ave
Alameda, CA 94501,1707 Lincoln Ave
Alameda, CA 94501,1707 Lincoln Ave
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Listed by Melynda Yun Li • Garth Realty
$ 1,380,000
Est. payment | /mo

3 Beds

5 Baths

4,600 SqFt


Save
$ 1,380,000
Est. payment | /mo
Save

3 Beds

5 Baths

4,600 SqFt

OPEN HOUSE

Sat Jun 28, 1:00pm - 3:30pm

Sun Jun 29, 1:00pm - 3:30pm

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,600 sqft

Price per Sqft $300

MLS Listing ID BE41095418

Bedrooms 3

Year Built 1900

Lot Size 4,560 Sqft

Property Sub-Type Five or More Units

Source Bay East

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

Area Alameda Map Area 2

Zoning C-1

Interior

Heating Heating - 2+ Zones

Cooling Ceiling Fan

Flooring Laminate, Hardwood

Laundry Dryer

Exterior

Exterior Feature Stucco

Parking Features Parking Area, Access - Side Yard

Garage Spaces 2.0

Roof Type Composition

Building

Lot Description Grade - Level

Sewer Sewer - Public, Sump Pump

Others

Tax ID 72-299-12

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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1707 Lincoln Ave