San Rafael, CA 94901,1345 Lincoln AVE
Listed by Jennifer Harris • Coldwell Banker Realty
Bought with Jennifer Harris • Coldwell Banker Realty

$1,075,000

Est. payment /mo

$1,155,000

6.9%
Est.Price: ?

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1345 Lincoln AVE San Rafael, CA 94901

1,110 Beds

3 Baths

SOLD DATE : 02/16/2024

Key Details

Sold Price $1,075,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 323925866

Sold Date 02/16/24

Bedrooms 1110

HOA Y/N No

Year Built 1948

Property Description

Fantastic opportunity to purchase this terrific triplex with three-car attached garage and large backyard area in a great central San Rafael location! Each unit is identical in layout, measuring approximately 600 s.f. with 1 bedroom, a large living area with dining space, a full kitchen, and a full bathroom with shower over tub. The value-add of this property is the large upper backyard area. (Think expansion of current building, ADU, etc. Check with City of San Rafael for restrictions). The exterior was recently painted (October 2023). All units are currently occupied on a month-to-month basis. Update interiors to achieve maximum rental income. Located in close proximity to public transportation, including the San Rafael Transit Center with buses and the SMART train. Also only a few blocks to San Rafael's beloved 4th Street, with a multitude of shops and restaurants. Buy as an investment and expand to the property's fullest potential!

Location

State CA

County Marin

Area San Rafael

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Attached, Covered, Garage Door Opener, Off Street, Side-by-Side

Garage Spaces 3.0

Building

Sewer Public Sewer

Water Public

Others

Special Listing Condition Offer As Is

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