First time on the Market in over 25 Years! Prime, Heart of Downtown San Raphael Investment Offering of a 13 Unit Mixed Used Investment Property! A Current 5.5% CAP Offering with Upcoming & Allowable Increases in 2025 Allowing for Immediate Upside! Owner has Self Managed this Asset with Pride, and has Recently Performed Upgrades to the Property with BRAND NEW Electrical Panels (2024/2025), a New Roof in 2023, & Many Rehabbed Units in Recent Years ranging from New Bathrooms & Kitchens. Property Consists of (4) Long Time Retail Tenants: Amici's Pizza, The SHOP (high end barber shop), Friends Books, and Tibet Shop along with (9) Multifamily Units Consisting of (2) 2bed/1bth Units, (2) 1bed/1bths, & (5) Studio Units. Corner LOT! Property is Owned Free & Clear Of Debt! Seller May Carry with Minimum 35% Down for Qualified Buyer. Must See to Appreciate!
For sale
$4,750,000
4th Sanrafael, San Rafael, CA 94901
--beds
--baths
10,894sqft
Est.:
Five Or More Units,
Built in 1893
-- sqft lot
$4,538,600 Zestimate®
$436/sqft
$-- HOA
What's special
New roofRehabbed unitsCorner lot
- 116 days
- on Zillow |
- 83 |
- 3 |
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