Sold

1704 Lincoln Ave

San Rafael CA, 94901

$5,350,000


$499.63 per sqft

Sold

10,708 sqft

Multi-family

Built in 1964

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.

322087351

MLS ID

February 10, 2024

Updated

Map

1704 Lincoln Ave
San Rafael CA, 94901

Interior Features

Total Stories

0


Laundry Description

Coin Operated, In Common Area, Washer/Dryer Leased


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.44 Acres


Exterior Features

Fenced Yard, Swimming Pool, Landscape Front, Private, Sidewalk


Lot Features

Landscape Front, Private, Sidewalk


Roof

Flat


Sewer

Public Sewer

Other Property Details

Area Name

San Rafael


Garage

No


Parking

Covered, Off Street


Parking Total

12


View

No


County

Marin


Water Source

Public


Pool

Yes


Buyer Agency Compensation

1.5%

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 Sharon Kramlich shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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