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$1,995,000
Est. payment /mo
10,001 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Central
MLS Listing ID 41115998
HOA Y/N No
Year Built 1885
Annual Tax Amount $12,000
Lot Size 10,001 Sqft
Property Description
Exceptional investment opportunity in the heart of Alameda! This well-situated multi-unit property features five (5) one-bedroom, one-bath residences, each with its own one-car garage, plus two detached storage buildings, all on a generous 10,000 sq ft lot. Built circa 1885 with approximately 3,231 sq ft of building area, it offers a solid income stream with excellent future potential. Each unit enjoys private garage parking, appealing to tenants and owners alike. The large lot provides possibilities for expansion, upgrades, or redevelopment (buyer to verify with city). Located in desirable Central Alameda, near dining, shopping, and Bayfront amenities. A rare chance to own a well-maintained, income-producing property with room to grow—1606 Morton Street delivers both stability and upside in one of the Bay Area's most sought-after markets.
Location
State CA
County Alameda
Interior
Heating Electric, Natural Gas
Cooling None
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 10
Building
Lot Description Corner Lot
Others
Tax ID 7235015
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Listed by James Esmeyer Shamrock, REALTORS?
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908