1820 3rd Street
A Rare Investment Opportunity
Marketing description
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 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
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