2608 Central Ave - Just Listed | Alameda | 5 Units | Two Bedroom 5 Unit Apartment Building Offered at $1,495,000 at a 5.68% Cap Rate Alameda, CA 94501

2608 Central Ave is an East Alameda, garden-style multifamily property comprised of five (5) units with an exceptional unit mix of two (2) large 2-bedroom / 2-bathroom units and three (3) 2-bedroom / 1-bathroom units. Units feature spacious layouts with wall-to-wall carpeting and mirrored closets, along with kitchens equipped with dishwashers, electric stoves, and refrigerators. The property is separately metered for electricity, helping reduce owner operating expenses, and offers strong onsite amenities including eight (8) off-street parking spaces, two (2) garages, private tenant storage lockers, and a coin-operated laundry facility providing additional income.
Ideally located off Broadway near the Park Street shopping district, the property is within walking distance to downtown Alameda retail, cafes, restaurants, and a movie theater. Residents also enjoy close proximity to parks, South Shore Shopping Center, and Alameda Beach, as well as favorable public schools. Commuter access is excellent with nearby Highways 880, 580, and 24, public ferry service to San Francisco, regional bus lines, and multiple BART stations. The neighborhood’s strong walkability is reflected by a Walk Score of 97 and Bike Score of 88.
View Disclosures and Submit Offers Here: https://app.disclosures.io/link/2608-Central-Avenue-x9yg9904
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OFFERS DUE: Offers will be reviewed upon receipt. Please make offers subject to inspections.