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    1350 Lincoln Avenue

    San Rafael, CA 94901
    • $8,150,000
    • STATUS: Active
    • ON SITE: 107 days
    • ID#: 22028235
    UPDATED: 17 min ago
    $8,150,000
    • 0
      BEDS
    • 0.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Ratings & Info

    Description

    Located in coveted Marin County, this 22-Unit apartment complex presents a rare opportunity to acquire a quality investment property in an extremely desirable market. Featuring an excellent unit mix of all large townhouse-style units consisting of eight (8) 1-bedroom units, thirteen (13) 2-bedroom units and one (1) 3-bedroom, 1.5 bath unit, this property benefits from historically high occupancy and is located just minutes away from downtown San Rafael. Most units have been remodeled with upgraded finishes including countertops, flooring, updated fixtures and custom paint. The property has been consistently maintained under the current ownership, benefits from minimal landscaping, and generates additional income through a convenient on-site laundry facility. Tenant amenities include on-site covered parking, designated storage spaces and private yards for most units.

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    © 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX GOLD. Data last updated: 2021-03-08T09:56:40.713.
    www.sonomamarinhomes.com/homes/112081816
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    1350 Lincoln Avenue San Rafael, CA 94901

    • Price: $8,150,000
    • Status: Active
    • Updated: 17 min ago
    • ID#: 22028235
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.53
    Acres
    1962
    Built
    Neighborhood:
    San Rafael
    County:
    Marin
    Area:
    San Rafael
    Property Description
    Located in coveted Marin County, this 22-Unit apartment complex presents a rare opportunity to acquire a quality investment property in an extremely desirable market. Featuring an excellent unit mix of all large townhouse-style units consisting of eight (8) 1-bedroom units, thirteen (13) 2-bedroom units and one (1) 3-bedroom, 1.5 bath unit, this property benefits from historically high occupancy and is located just minutes away from downtown San Rafael. Most units have been remodeled with upgraded finishes including countertops, flooring, updated fixtures and custom paint. The property has been consistently maintained under the current ownership, benefits from minimal landscaping, and generates additional income through a convenient on-site laundry facility. Tenant amenities include on-site covered parking, designated storage spaces and private yards for most units.
    Exterior Features

    Carport Spaces 22 Covered Spaces 0 Foundation Details Concreteperimeter Independent Parking Spaces 0 Lot Features Shape Regular Open Parking Spaces 0 Parking Features CarportStreet Parking Total 0 Roof Other Tandem Parking Spaces 0

    Interior Features

    1 Bedroom Units Total 8 2 Bedroom Units Total 13 3 Bedroom Units Total 1 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling None Heating CentralWall Furnace Laundry Features Coin OperatedIn Common AreaWasher/Dryer Leased Studio Units Total 0

    Property Features

    Association Fee 0 Association YN No Auction No Availability Date 1/1/1800 12:00:00 AM Gross Income 613908 Property Sub Type 5 Or More Units Property Type Residentialincome Separate Meters ElectricityGas Sewer Public Sewer Special Listing Conditions Offer As Is Subtype Description Apartments Tenant Pays ElectricityGas Water Source Public

    Listing information © 2021 Bay Area Real Estate Information Services.
    Listing courtesy of Steven Level of Berkshire Hathaway.


    © 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX GOLD. Data last updated: 2021-03-08T09:56:40.713.
     
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