1318 Lincoln Avenue

Description

1318 Lincoln Ave - A Turnkey Investment with Victorian Charm and Modern Amenities. A well-maintained and fully leased investment property offering stable income and long-term upside. Initially built in 1895 and thoughtfully renovated in 1978, this classic property remains in excellent condition. The unit mix includes two spacious 1-bedroom apartments upstairs featuring high ceilings and updated kitchens, plus three generous lower-level studioseach with a partitioned sleeping area and private entrance (Jr-1BR). Additional features include on-site laundry, tenant storage, and off-street parking. A landscaped garden enhances the curb appeal along a quiet stretch of Lincoln Avenue close to downtown and transit. Renovated in 1978, the original duplex was lifted to add the three lower units, preserving its classic Victorian appeal. This two-story wood-frame structure sits on a new raised slab foundation and features updated plumbing, and electrical systems, including new panels and wiringno Federal Pacific equipment. All units have been remodeled. Tenants enjoy on-site laundry, individual storage lockers, and ample off-street parking. With stable tenancy and a desirable location, 1318 Lincoln offers both immediate cash flow and long-term value.