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Residential Income - 1523 Lincoln Ave, Alameda, CA

$1,600,000

1523 Lincoln Ave, Alameda, CA

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Description

Beautiful 3-units | 2 House on 1 Lot | 1892 Victorian in excellent location. The front house is a 2 units two-story building with painted wood siding with crown moldings, a wide driveway plus garage and basement storage space. The third unit in the back is the newer detached single family house with modern design and features. Walking up the front stair leads you to balcony entrance of units A. Walking down the right hallway leads to unit B on the ground floor, and units C in the back of the lot. All 3 units have hardwood / LVP floors and tiles. Many units have large windows, updated kitchen, modern electrical and plumbings, and private yard space. Parking space available in driveway and the garage. Possible building of a 4th units as an ADU, subject to city permitting. Separated meters for electricity, gas, and water, and washer/dryer across Units A, B, and C. Simply an incredible income property opportunity. The location is centralize on Alameda and well connected with bus to popular Webster st and Park St, and Bart stations. All units are currently rented.

Property details

Year built
1892
Property type
Residential Income
Lot size
4,370 sqft

Location

1523 Lincoln Ave • Alameda, CA 94501

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Listed by

Louis Wong · Compass

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