Courtesy: The Pinza Group, Inc
510-725-4775
Mixed use property with 2 commercial spaces and 4 residential units, all leased. Beautifully managed and maintained by owner, four charming 1bd/1ba units with hardwood floors, All rooms surrounded by double glazed windows allowing plenty of natural light, 3 units with own washer dryer hook-ups, two commercial units with long term leases, fantastic professional tenants, historically low turnover, conveniently located in one of Albany's great neighborhoods, close to shopping, cafes, restaurants, AC transit, Bart, freeways etc, upside income potential, no city rent control, great public schools, separate PG&E and water meters for all units.
www.720Stannage.com; Showing: Sunday 1/19 from 1-2:30pm; Three Units Comprised of One 3bd/2.5bth, One 2bd/1.5bth, and One 2bd/1bth Unit Situated on a 3,952 Lot; 2,848 SF of Rentable Space - Featuring Three (3) One-Car Garages, Additional Off-Street Parking & In-Unit Laundry; Minimal Operating Expenses w/ Low-Maintenance Landscaping, Perfect for Investors or an Owner User; Prime Albany Location - Walker's Paradise with Easy Access to Nearby Parks, Schools, Restaurants, and UCB; Email Agent on Website For Complete Marketing Package
Winkler Real Estate Group proudly presents 1126 Marin Avenue, a prime multifamily investment opportunity in the heart of Albany. This property features eight apartments, each offering 2 bedrooms, 1.5 bathrooms, and underground gated parking with a dedicated space for every unit. The apartments boast large dual-pane sliding glass doors that open to spacious balconies, allowing ample natural light and outdoor living space. Most units have been extensively renovated, showcasing updated kitchens and bathrooms.Upgrades with modern conveniences in mind, the property includes EV charging stations for every parking space, a security camera system with remote access, coin-operated laundry, a secure built-in package locker, and upgraded LED exterior and garage lighting.Located in a highly coveted area, 1126 Marin Avenue benefits from consistent and strong demand for rental housing. Albany is renowned for its top-rated school district and is considered one of the most desirable cities in the East Bay. The property is situated just one block from vibrant Solano Avenue, a thriving commercial district offering a variety of restaurants, cafes, shops, and the annual Solano Stroll Street Festival. Additionally, Whole Foods, Sprouts, Trader Joe’s, and other grocery stores are within a mile.
LOCATION, LOCATION, LOCATION!!! 96 Walkscore! 98 Bikescore! ALBANY, INCOME large 4+ bed/2bath main house built in the 20's & 4plex right next door built in the 40's on the same parcel. Main house has beautifully refinished hardwood and tile floors, & spa like bedroom. The house has been updated. The 4plex has (3) 2bedrooms & (1) 1bedroom units, 2 units have gorgeous fireplaces. 3 of the 4 units have been fully remodeled with modern kitchens with dishwashers, dazzling hardwoods and tiles, new tubs and the like. 1 unit has been mostly updates to hardwood, tile floors, and kitchen cabinets were modernized. This is a very unique property and ideal for an owner occupier to live in the 4 bedroom 2 bath structure across the driveway from the 4plex. Albany schools! Solano Ave is steps away. These units have historically rented back to back! Own in one of the last cities with no rent control!
Albany is located in California. Albany, California has a population of 19,958. Albany is more family-centric than the surrounding county with 45.13% of the households containing married families with children. The county average for households married with children is 36.75%.
The median household income in Albany, California is $113,602. The median household income for the surrounding county is $112,017 compared to the national median of $69,021. The median age of people living in Albany is 36.6 years.
The average high temperature in July is 72.3 degrees, with an average low temperature in January of 43.1 degrees. The average rainfall is approximately 25.2 inches per year, with 0 inches of snow per year.
