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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
$1,425,000
Est. payment /mo
3,030 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Contingent
Purchase Type For Sale
Square Footage 3,030 sqft
Price per Sqft $470
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
A Turnkey Investment with Victorian Charm and Modern Amenities. While originally built in 1895, the property was elevated with three new first floor units added in 1978. All existing wiring and plumbing was made new, and all on a new raised concrete slab foundation. Electrical panels are modern - No Federal Pacific or Zinsco here. A well-maintained and fully leased investment property offering stable income and long-term upside. The unit mix includes two spacious 1-bedroom apartments upstairs featuring high ceilings and updated kitchens, plus three generous lower-level studios each 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 curb appeal along a quiet stretch of lower Lincoln Avenue close to downtown and transit. 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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Rebecca Brooks
San Francisco Bay Area Team Leader/Broker Associate | License ID: 1249870
San Francisco Bay Area Team Leader/Broker Associate License ID: 1249870