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… Read More 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 Read Less
Property listed by Cerda-Zein Real Estate, Jose Cerda-Zein 310-259-7556
Listing Snapshot
Days Online
198
Last Updated
Lot Size
0.2 Acres
Year Built
1895
MLS Number
41117968
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1895, Construction Materials: WoodSiding
Cooling
None
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Lot
0.2023 acres, CornerLot
Parking
6 total parking spaces
Property
Hills
Taxes
Parcel Number: 7445812
Tenant Pays
Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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