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Listed by Jerry Beverly • Compass
$1,398,000
Est. payment /mo
5 Beds
4 Baths
3,388 SqFt
Active
1572 Lincoln Ave Alameda, CA 94501
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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 $412
MLS Listing ID BE41094932
Bedrooms 5
Year Built 1900
Lot Size 6,175 Sqft
Property Sub-Type Fourplex
Source Bay East
Property Description
Welcome to 1572 and 1572 1/2 Lincoln Ave, a unique and income-producing fourplex located in the heart of Alameda. Set on a 6,175 square foot lot, this 3,388 square foot property features a rare standalone 2-bedroom, 1-bathroom cottage that has been partially updated with new flooring, fresh paint, and modern light fixtures. With its own dedicated parking, the cottage offers the perfect blend of privacy and convenience-ideal for an owner-occupant or as a premium rental unit. The main building includes three additional 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, adding an extra layer of functionality to the property. Located near Park Street's shops, restaurants, and easy access to public transportation, this well-maintained fourplex is perfect 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
Special Listing Condition Not Applicable
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