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Listed by Jatin Mehta, DRE #02045713 • Kite Hill Real Estate
$995,000
Est. payment /mo
7 Beds
4 Baths
3,370 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,370 sqft
Price per Sqft $295
MLS Listing ID EB41127422
Bedrooms 7
Year Built 1969
Lot Size 4,530 Sqft
Property Sub-Type Triplex
Source Bridge MLS
Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre | 3601 Lincoln Avenue presents an attractive triplex investment opportunity located in Oakland's desirable Lower Dimond neighborhood. Situated on a prominent corner lot, the property offers strong curb appeal, excellent natural light, and convenient neighborhood access. The property features an excellent unit mix of one spacious 3-bedroom, 2-bath unit and two large 2-bedroom, 1-bath units, providing layouts that are highly desirable for Oakland renters. One 2-bedroom, 1-bath unit will be delivered vacant and features an open floor plan and private balcony, making it ideal for an owner-occupant or for an investor seeking to capture market rent. Currently, the two occupied units generate over $4,300 per month in rental income, with additional upside potential. The property also benefits from three garages, coin-operated laundry, and a private yard for the 3-bedroom unit, offering amenities that enhance tenant appeal. Offered at under $1,000,000, 3601 Lincoln Avenue represents a compelling opportunity for both investors seeking rental upside and owner-users looking to live in one unit while generating income from the others.
Location
State CA
County Alameda
Area Oakland Zip Code 94602
Interior
Heating Gas
Cooling Other
Flooring Wood
Exterior
Exterior Feature Stucco
Parking Features Garage
Garage Spaces 3.0
Roof Type Other
Building
Lot Description Regular
Sewer Sewer - Public
Others
Tax ID 29A-1303-5
Special Listing Condition Not Applicable
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