$995,000
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.
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Listed by Jatin Mehta with Kite Hill Real Estate (855) 450-0442
Property Type
Triplex
Status
Active
MLS Number
41127422
Year Built
1969
Lot Size
4,530 sq ft