Sold
Closed
1704 Lincoln Ave
San Rafael CA, 94901
$5,350,000
$499.63 per sqft
Sold
Closed
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
September 22, 2022
Listed
October 2, 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
Bought with Steven Level with Berkshire Hathaway and Listed by Steven Level with Berkshire Hathaway
Listing Contact:
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