A Rare Investment Opportunity! Unlock the potential of 1816-18-20 3rd Street & 306-08 Spruce?a rare five-unit property spanning two buildings on one lot in Alameda's highly desirable West End. Projected gross income: $152,628.00. This property offers a compelling investment opportunity with strong returns. Well-located, this investment features five 2-bedroom, 1-bathroom units, offering steady rental demand and attractive returns. Location, Convenience, Lifestyle, the cornerstones of this exceptional investment. Just minutes away from Crown Memorial State Beach, renowned for windsurfing, stand-up paddling, and relaxing beach days. Explore nearby Webster Street's vibrant restaurants and lounges, Alameda Point's Spirit Alley with wineries and breweries, and the popular South Shore Center for shopping and more?all within close proximity. Prime Accessibility: The property is well-connected with public transportation options, including the SF Bay Ferry, multiple bus lines, and easy access to 880 freeways, making it ideal for commuters and tenants who want convenience. Don't miss out on this rare opportunity. Act now to secure a valuable piece of Alameda real estate! Prime West End - Five-unit property - Steady rental demand - High investment returns-- Excellent commuter accessibility Views: Downtown
Details
MLS #
41117968
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1895
Days On Site
284
Listing Provided By
Cerda-Zein Real Estate | Jose Cerda-Zein
Features
Units
5
Acreage
0.20
Property View
Yes
Interior
Cooling
None
Heating
Wall Furnace
Heating Yes / No
Yes
Cooling Yes / No
Yes
Appliances
Dryer, Washer
Exterior
Construction Materials
Wood Siding
Lot Features
Corner Lot
Area Information
State
CA
County
Alameda
City
Alameda
Zip Code
94501
Community Name
WEST END
Sourced by Back At You
MLS#: 41117968 Listed By: Jose Cerda-Zein - Cerda-Zein Real Estate - 5105235673- jose@cerdazein.com
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MLS#: 41117968 Listed By: Jose Cerda-Zein - Cerda-Zein Real Estate - 5105235673- jose@cerdazein.com
