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… Read More 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! Read Less
Courtesy of Coldwell Banker Realty, Neel Bhatia 408-828-4024
Listing Snapshot
Days Online
180
Last Updated
Property Type
Five Or More Units
Square Ft.
10,894
Lot Size
0.21 Acres
Year Built
1893
MLS Number
ML82002642
Additional Details
Lot
Max Area: 8956.00, Max Area Units: Square Feet, Lot is 0.20560146923783 acres
Accessibility Features
Other
Building
10,894 structure square feet, Age: 132, Built in 1893, 1 building, 13 minimum units in complex
Cooling
None
Foundation
Concrete Perimeter
Garage
On Street
Water Features
Public
Heating
Other
Tenant Pays
Utilities - Electric, Utilities - Gas
Miscellaneous
Total expenses: 105915
Property
Zoning: R3
Roof
Shingle
Security Features
None
Taxes
Annual tax amount: $44,924
Sewer
Sewer Connected
Utilities
Separate Electric, Public Utilities
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