Very cute 2 bedroom, 1 bath cottage with off-street parking. Nice size bedrooms, living room and galley kitchen. The cottage is approx. 572 sf. Current tenant pays $1,325/mo and has been renting for over 5 years. Great location for this small mixed use lot directly on Park St. Property also includes a restaurant building in front at approx. 400 sf with a rent of $1,300/month. Both tenants on M-2-M agreements. This property may require a commercial loan if using a lender. Alameda has rent control for residential tenants. Buyers should contact the Alameda Housing Authority for details on Rent Control. The current owner was working with the City to develop the property. See attached drawings.
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