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Listed by James Esmeyer • Shamrock, REALTORS®
$ 1,995,000
Est. payment /mo
Active
1606 MORTON ST Alameda, CA 94501
3,231 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,231 sqft
Price per Sqft $617
Subdivision Central
MLS Listing ID 41115998
HOA Y/N No
Year Built 1885
Lot Size 10,000 Sqft
Property Sub-Type 5 or More Units
Source BAY EAST
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
Flooring Hardwood, Linoleum, Carpet
Fireplace No
Appliance Free-Standing Range, Refrigerator
Laundry Coin Operated, Laundry Room
Building
Lot Description Corner Lot, Premium Lot, Back Yard, Front Yard
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