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Listed by Jefrey Henderson • Jefrey Henderson, Broker
$5,750,000
Est. payment /mo
3 Beds
2 Baths
11,568 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 11,568 sqft
Price per Sqft $497
MLS Listing ID ML82023815
Bedrooms 3
Full Baths 2
Year Built 1962
Lot Size 0.410 Acres
Property Sub-Type Five or More Units
Property Description
19 Merrydale Road, Marin Heights, 18 units in San Rafael made up of five (5) 1 bed 1 bath units, and six (6) 2 bed 1 bath units. Marin Countys strong rental market gives investors the chance to invest in an emerging hub for workforce spillover from San Francisco. The property has been lightly renovated with LVT flooring, countertops, etc. with strong in-place cash flow and future upside, the property presents an exceptional opportunity in one of California's top rental markets.
Location
State CA
County Marin
Area San Rafael
Interior
Heating Electric
Cooling None
Exterior
Parking Features Covered Parking
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Other
Building
Foundation Other
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 179-222-17
Security Features None
Special Listing Condition Not Applicable
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