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    158-166 Park Street

    San Rafael, CA 94901
    • $2,100,000
    • STATUS: Active
    • ON SITE: 41 days
    • ID#: 22021471
    UPDATED: 70 min ago
    $2,100,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,514
      SQFT
    • $598
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1905
    County:
    Area:

    School Ratings & Info

    School District:

    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.

    Monthly Payment Calculator



    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or W Real Estate | Luxury Team. Data last updated: 2020-11-23T10:55:51.493.
    www.buywinecountryproperties.com/homes/110933099
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    158-166 Park Street San Rafael, CA 94901

    • Price: $2,100,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: 22021471
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,514
    SQFT
    $598
    $/SQFT
    1905
    Built
    Neighborhood:
    San Rafael
    County:
    Marin
    Area:
    San Rafael
    School District:
    San Rafael
    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.
    Exterior Features

    Carports 0 Exterior StuccoWood Siding Foundation Construct Cc Slab Garages 0 Lot Description Level On Site Parking Off Street Open Uncovered Spaces 6 Roof CompositionOther Rv Boat Spaces 0 Type 2 Story Underground Spaces 0 Views Hills

    Interior Features

    Floors Part HardwoodOther Heat Cool Natural Gas

    Property Features

    1 Bdrm Ann Occupancy 100.00 1 Bdrms Occupied 6 1 Bedroom Rent Range 1921-2195 1 Bedrooms 6 2 Bdrm Ann Occupancy 0.00 2 Bdrms Occupied 0 2 Bedroom Rent Range 0 2 Bedrooms 0 3 Bdrm Ann Occupancy 0.00 3 Bdrms Occupied 0 3 Bedroom Rent Range 0 3 Bedrooms 0 4 Bdrm Ann Occupancy 0.00 4 Bdrms Occupied 0 4 Bedroom Rent Range 0 4 Bedrooms 0 Actual Or Projected Projected Auction No Cap Rate 4.95 City Transfer Tax Yes City Transfer Tax Rate 0.00 Comm Units Rent Rang 0 Commercial Units 0 Common Int Dev No Est Insurance Exp 3500.00 Est Maintenance Exp 0.00 Est Management 0.00 Est Misc Expenses 2600.00 Est Net Income 103900.00 Est Taxes 30000.00 Est Total Annual Exp 42100.00 Est Utilities Exp 6000.00 Expense Source Owner Furnished Units 0 GRM 14.38 Gross Scheduled Inc 146000.00 Guest Spaces 6 Laundry Appliance Common Room Lease Deposit 0.00 Lease Terms 1 YearMonth To MonthWriten Agreemts Lot Size Source (Realist Public Rec) Monthly Expenses 3508.33 Monthly Income 12166.67 Multifamily Type Multi Unit 5+ New Construction Or Resale Resale Operating Exp Inc GarbageInsuranceLicense FeesMaintenanceWater Pending Litigation No Planned Unit Develop No Sewer Septic Sewer Public Square Footage Source Realist Public Rec Studio Ann Occupancy 0.00 Studio Rent Range 0 Studios 0 Studios Occupied 0 Transaction Type Sale Water Source Water-Public Year Built Source Realist Public Rec

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of Wes Mayne of Coldwell Banker Realty.


    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or W Real Estate | Luxury Team. Data last updated: 2020-11-23T10:55:51.493.
     
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