Bought with Jennifer Harris • Coldwell Banker Realty
$1,075,000
$1,155,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
1345 Lincoln AVE San Rafael, CA 94901
1,110 Beds
3 Baths
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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