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Listed by Michael J Burke • Golden Gate Sotheby's International Realty • Golden Gate Sotheby's International Realty
Golden Gate Sotheby's International Realty
Golden Gate Sotheby's International Realty
$ 1,550,000
Est. payment | /mo
3,030 SqFt
$ 1,550,000
Est. payment | /mo
3,030 SqFt
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,030 sqft
Price per Sqft $511
MLS Listing ID 325059777
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1895
Lot Size 6,865 Sqft
Property Sub-Type 5 or More Units
Property Description
1318 Lincoln Ave - A Turnkey Investment with Victorian Charm and Modern Amenities. A well-maintained and fully leased investment property offering stable income and long-term upside. Initially built in 1895 and thoughtfully renovated in 1978, this classic property remains in excellent condition. The unit mix includes two spacious 1-bedroom apartments upstairs featuring high ceilings and updated kitchens, plus three generous lower-level studioseach with a partitioned sleeping area and private entrance (Jr-1BR). Additional features include on-site laundry, tenant storage, and off-street parking. A landscaped garden enhances the curb appeal along a quiet stretch of Lincoln Avenue close to downtown and transit. Renovated in 1978, the original duplex was lifted to add the three lower units, preserving its classic Victorian appeal. This two-story wood-frame structure sits on a new raised slab foundation and features updated plumbing, and electrical systems, including new panels and wiringno Federal Pacific equipment. All units have been remodeled. Tenants enjoy on-site laundry, individual storage lockers, and ample off-street parking. With stable tenancy and a desirable location, 1318 Lincoln offers both immediate cash flow and long-term value.
Location
State CA
County Marin
Area San Rafael
Interior
Heating Baseboard
Cooling None
Exterior
Parking Features Off Street, Uncovered
Garage Spaces 5.0
Roof Type Composition
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Victorian
Construction Status Updated/Remodeled
Others
Special Listing Condition None
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