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Listed by Jefrey Henderson • Jefrey Henderson, Broker
$ 2,725,000
Est. payment | /mo
3 Beds
2 Baths
4,914 SqFt
$ 2,725,000
Est. payment | /mo
3 Beds
2 Baths
4,914 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,914 sqft
Price per Sqft $554
MLS Listing ID ML82023819
Bedrooms 3
Full Baths 2
Year Built 1960
Lot Size 0.501 Acres
Property Sub-Type Five or More Units
Property Description
7 Merrydale Road, Merrydale View, 8 units in San Rafael made up of five (5) 1 bed 1 bath units, and three (3) 2 bed 1 bath units. Marin is beginning to emerge as a secondary hub for startups and the AI boom of San Francisco, offering investors the opportunity to take advantage of Marin County's growing workforce. 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 Common Parking Area
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Other
Building
Foundation Other
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 179-222-15
Security Features None
Special Listing Condition Not Applicable
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Pete Ruiz
Team Lead | License ID: 01974535