56
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$3,000,000
Est. payment /mo
6,651 Sqft Lot
New
301 Poplar St Mill Valley, CA 94941
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Not Listed
MLS Listing ID 41145498
HOA Y/N No
Year Built 1961
Lot Size 6,651 Sqft
Property Description
MILL VALLEY … For-Sale ... Mixed-Use Building … Quaint, Tudor-Style Building with wonderful curb-appeal and good rent history – 6-miles to Muir Beach and less than a mile to Tam Junction. First time on the market since 1984 – this has been a terrific, family-managed rental property for the sellers and now it is time to pass it on to a new generation of owners. Excellent condition – well-maintained with lots of recent improvements, including sound-limiting between units. Upstairs you will find 5 apartments (two with 2-bedrooms and three with 1-bedroom). Downstairs are three spaces for retail / office / commercial (zoned General Commercial / Mixed Use). Next door to the Fire Station with good parking for Tenants and some visibility to Hwy-1 / Shoreline Hwy. Proforma Cap-Rates of 5.6% with current Tenants, or 7% Cap-Rates from HUD programs. Rent Roll and 3-Years of Financials are available - see Disclosure Package. Offers reviewed on Wednesday, August 26th at 3pm.
Location
State CA
County Marin
Interior
Heating Forced Air
Flooring Carpet, Tile, Vinyl, Wood
Fireplace No
Appliance Dryer, Washer
Exterior
Parking Features Carport, On Street
Total Parking Spaces 15
Building
Lot Description Street Level
Others
Tax ID 05025226
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Kevin Obrien RE/MAX Accord #01385083
NEARBY SCHOOL & BUSINESS
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