Price Reduction - Views
Address
158-166 Park Street San Rafael, CA
Price
$ 2,100,000
Property Attributes
  • MLS#22021471
  • TypeMulti-Family
  • CountyMARIN
  • CitySan Rafael
  • AreaSan Rafael
  • Zip94901
  • StyleMulti Unit 5+
  • Year Built1905
  • Taxes30000
  • Price$ 2,100,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3514
Listing Provided Courtesy Of:
Wes Mayne with Coldwell Banker Realty - 4154613000
Property Description

PRICE IMPROVEMENT! Now just $350k per door. 4.95% Cap Rate. Rare Happy Valley offering of a 6 unit property in a quiet, strong demand rental neighborhood. Two buildings, one 4plex and one duplex. Income over $12k per month. Additional income available from coin op laundry. Nice interiors. Stone and wood floors. Two of the units have private patios. Check out this Matterport of the lower unit in the duplex. https://my.matterport.com/show/?m=Duw7UuWtdTY&mls=1 Recently paved parking area. Very strong history of almost zero vacancy days in the past 10+ years. Take a driveby and call me. Please do not disturb tenants. Seller will be doing a 1031 exchange. Photo 4 shows a bonus parking spot across the street! All tenants paid for October before the 5th.

Price History
10/12/2020 Listed $2,200,000
10/23/2020 5% - $2,100,000

General Features

Possession Sub to Tenant Rights
Property Subtype Multi Unit 5+
Property Type Multi Unit 5+
Roof Composition, Other
Sale/lease-rent Sale
Status Active
Total Units 6
Type 2 Story
Year Built 1905

Interior Features

Floors Part Hardwood, Other
Heat/Air Conditioning Natural Gas
Living Area 3514.00

Exterior Features

Exterior Stucco, Wood Siding
Lot Description Level
Lot Size Acres 0.00
Lot Size Source (Realist Public Rec)
Number of Buildings 2
On Site Parking Off Street
Sewer/Septic Sewer Public
Water Source Water-Public

Amenities

  • Views
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 94901

Price
AVG $1.85M
$2.1M
Taxes
AVG $27,730
$30,000
Visits
AVG 35
4
Year Built
AVG 1940
1905