Property photo 1
0 Beds
0 Baths
10,708 sqft

$5,350,000

1704 Lincoln Avenue, San Rafael CA, 94901

Price per sqft$499.63
Built in1964
Property size10,708 sqft
Property typeMulti-family

Overview

Sold

Closed

Listed Sep 22, 2022

Updated 28h ago

Located in coveted Marin County, this 12-Unit apartment complex presents a rare opportunity to acquire a turn-key investment property with strong in-place rents. Featuring an excellent unit mix of six (6) 2-bedroom, 1-bath units and six (6) 1-bedroom, 1-bath units, this property benefits from historically high occupancy and is located just minutes away from downtown San Rafael. All twelve units were fully remodeled in 2018. The kitchens feature granite countertops, all new cabinets, stainless-steel appliances and new flooring. The bathrooms have new vanities, fixtures, tile surrounds and flooring. The property has been consistently maintained under the current ownership, features numerous upgrades in recent years, and generates additional income through a convenient on-site laundry facility. Tenant amenities include a swimming pool, on-site covered parking and private fenced yards or decks. Great investment opportunity.

Additional information

MLS® ID
322087351

Interior Features

Bedrooms
0
Bathrooms
0
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.44 Acres

Bought with Steven Level with Berkshire Hathaway and Listed by Steven Level with Berkshire Hathaway

Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Machado, Marc | CA DRE# 02233461 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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