Rare chance to purchase two individual properties on a large lot in downtown Alameda. The primary residence at 301 Lincoln Ave. has three bedrooms and two bathrooms, and offers ample interior space, characterized by its many functional spaces. There is a smaller, independent residence with a single bedroom and bathroom (1612 3rd St.) tucked behind the larger house. This is perfect as an auxiliary housing unit for elderly relatives, guest accommodations, rental income, or as a home office. The property also includes an entire basement area under the primary house. In addition to offering plenty of storage and workshop areas, there are possible expansions/ conversions that can be made from this area (permitted uses will need to be verified with the City of Alameda). Additionally, the expansive side yard adds value to the property. It offers multiple possibilities for entertainment, recreation, gardening, etc., and other possible uses. This rare offering allows buyers a multitude of options including purchasing a multi-generational property, a rental/income producing property, or a property which may allow owners to expand their current home. Located close to Webster Street shops/restaurants, parks, schools, Alameda Ferry terminal, public transportation, and all major commuting roads.