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1470 Lincoln Avenue

San Rafael, CA 94901
  • $2,500,000
  • STATUS: Active
  • ON SITE: 75 Days
  • ID#: 322018522
UPDATED: 22 min ago
$2,500,000
  • 4
    BEDS
  • 0.17
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,650
    SQFT
  • $685
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

Description

5.21% CAP on market rents! Long time owner has kept rents low on this charming two story home converted to six units years ago. Tenants love living here-conveniently located to downtown San Rafael shops and restaurants, near transportation and freeway entrance. Unit mix is 3 spacious two bedrooms, one full bedroom, junior one bedroom and a studio. All units have private decks or patios. Owner provides coin op laundry and huge storage units. Great opportunity to increase value for saavy investors! Must see!

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© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Attain Real Estate. Data last updated: 2022-05-19T14:00:17.247.
www.attain-realestate.com/homes/126377777
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1470 Lincoln Avenue San Rafael, CA 94901

  • Price: $2,500,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 22 min ago
  • ID#: 322018522
4
Beds
4
Baths
0
½ Baths
0.17
Acres
3,650
SQFT
$685
$/SQFT
1930
Built
Neighborhood:
San Rafael
County:
Marin
Area:
San Rafael
Property Description
5.21% CAP on market rents! Long time owner has kept rents low on this charming two story home converted to six units years ago. Tenants love living here-conveniently located to downtown San Rafael shops and restaurants, near transportation and freeway entrance. Unit mix is 3 spacious two bedrooms, one full bedroom, junior one bedroom and a studio. All units have private decks or patios. Owner provides coin op laundry and huge storage units. Great opportunity to increase value for saavy investors! Must see!
Exterior Features

Architectural Style Bungalow Carport Spaces 0 Covered Spaces 0 Foundation Details Concreteperimeter Independent Parking Spaces 0 Lot Features Landscape FrontShape RegularSidewalk Open Parking Spaces 0 Parking Features Off Street Parking Total 10 Roof CompositionShingle Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 2 2 Bedroom Units Total 3 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Appliances Free Standing Gas OvenFree Standing RefrigeratorGas Water HeaterVaries By Unit Commercial Units Total 0 Cooling Ceiling Fan(S)None Flooring CarpetTileWood Heating CentralMultiunits Laundry Features Coin OperatedIn Common AreaVaries By UnitWasher/Dryer Leased Studio Units Total 1

Property Features

Association Fee 0 Association YN No Auction No Availability Date 1800-01-01T00:00:00 Gross Income 140340 Property Sub Type 5 Or More Units Property Type Residentialincome Security Features Fire ExtinguisherSmoke Detector Separate Meters ElectricityGas Sewer Public Sewer Subtype Description Apartments Tenant Pays ElectricityGas Utilities Cable ConnectedDish AntennaInternet Available Water Source Public

Listing information © 2022 Bay Area Real Estate Information Services.
Listing courtesy of Katherine J Higgins of Berkshire Hathaway.


© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Attain Real Estate. Data last updated: 2022-05-19T14:00:17.247.
 
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818 5th Ave Ste 101
San Rafael CA, 94901