$ 1,599,000
1516 Sherman St. Alameda, CA 94501
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$ 1,599,000
Est. payment /mo
Price Dropped by $100K
1516 Sherman St. Alameda, CA 94501
7,501 Sqft Lot
UPDATED:
10/24/2024 12:46 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41073216
HOA Y/N No
Year Built 1965
Lot Size 7,501 Sqft
Acres 0.1722
Property Description
Spacious centrally located 5-unit property with multiple vacancies brimming with style and opportunity. Vacant detached 2-bed, 1-bath cottage in back with quad in front, offering two 1-bed units and two 2-bed units, the larger of which was updated in 2021 with new waterproof laminate flooring, kitchen countertops, cabinets, and gas stove. Ground floor vacant 1BR is ADA accessible. SFR features an open floor plan with central heating and AC, crown moldings, large dining room, newer kitchen with electric washer and dryer under solid countertops, dishwasher, gas stove and recessed lighting. Carpeted bedrooms are quiet and serene as the entire home is set far back from the street. Bath redone beautifully in 2010. BONUS- Garden room is set up as a family room that opens onto the private back patio and converted garage offers workspace/guest quarters. Entire building recently rewired to 400 amp service and new exterior paint throughout. Wall furnaces in all four units. Separately metered for gas and electric. One off-street parking space for each unit. Sewer compliant. Located near up-and-coming commercial area with new Savoy Market as well as multiple bus lines, and close to West End business district, parks, schools, ferry, and all that Alameda has to offer. Don't miss this one!
Location
State CA
County Alameda
Interior
Heating Forced Air, Wall Furnace
Flooring Carpet, Laminate
Fireplace No
Appliance Gas Water Heater
Exterior
Garage On Street
Roof Type Shingle
Parking Type On Street
Total Parking Spaces 5
Building
Lot Description Back Yard, Street Level
Sewer Public Sewer
Others
Tax ID 7234627
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Listed by Steve Cressy • BHHS Drysdale Properties
Lisa Bethel
Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® | License ID: 02046953