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Listed by Forrest McKeiver • Compass
$ 998,000
Est. payment /mo
Active
1572 Lincoln Ave Alameda, CA 94501
3,388 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,388 sqft
Price per Sqft $294
Subdivision Alameda
MLS Listing ID 41112263
HOA Y/N No
Year Built 1900
Lot Size 6,175 Sqft
Property Sub-Type Quadruplex
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
Interior
Heating Baseboard, Wall Furnace, MultiUnits
Cooling No Air Conditioning, Multi Units
Flooring Hardwood, Laminate, Tile, Carpet
Fireplace No
Laundry Laundry Room
Building
Lot Description 2 Houses / 1 Lot
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