289 Woodland Avenue

    San Rafael, CA 94901
    • $2,495,000
    • STATUS: Active Under Contract
    • ON SITE: 20 days
    • ID#: 21820146
    Under Contract
    $2,495,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,731
      SQFT
    • $527
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Ratings & Info

    Description

    Turn-key 6 unit complex at unbeatable 5% cap rate. Desirable Gerstle Park location, walking distance to DT San Rafael, SMART train, shopping/restaurants, easy Hwy 101 access. All 2 bed units, many recent improvements: new sewer lateral, paint, redwood fencing & decking, stairs & walkways, electrical, all dual pane windows. 2 units recently remodeled above and beyond avg. rental, both have private balconies w/views and possible owner-user units.

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    © 2018 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2018-08-21T23:56:20.463.
    www.showcaseproperties.com/homes/86177125

    289 Woodland Avenue San Rafael, CA 94901

    • Price: $2,495,000
    • Status: Active Under Contract
    • ID#: 21820146
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    4,731
    SQFT
    $527
    $/SQFT
    Neighborhood:
    San Rafael
    County:
    Marin
    Area:
    San Rafael
    Property Description
    Turn-key 6 unit complex at unbeatable 5% cap rate. Desirable Gerstle Park location, walking distance to DT San Rafael, SMART train, shopping/restaurants, easy Hwy 101 access. All 2 bed units, many recent improvements: new sewer lateral, paint, redwood fencing & decking, stairs & walkways, electrical, all dual pane windows. 2 units recently remodeled above and beyond avg. rental, both have private balconies w/views and possible owner-user units.
    Exterior Features

    Carports 0 Exterior Stucco Foundation Construct Cc Slab Garages 1 Lot Description Upslope On Site Parking GarageOff Street Open Uncovered Spaces 8 Roof Shingle Rv Boat Spaces 0 Type Apartments Underground Spaces 0 Yard Grounds Deck(S)Enclosed Patio(S)

    Interior Features

    Heat Cool Central AirWall Furnace

    Property Features

    1 Bdrm Ann Occupancy 0.00 1 Bdrms Occupied 0 1 Bedroom Rent Range 0-0 1 Bedrooms 0 2 Bdrm Ann Occupancy 100.00 2 Bdrms Occupied 6 2 Bedroom Rent Range $2250-$3000 2 Bedrooms 6 3 Bdrm Ann Occupancy 0.00 3 Bdrms Occupied 0 3 Bedroom Rent Range 0-0 3 Bedrooms 0 4 Bdrm Ann Occupancy 0.00 4 Bdrms Occupied 0 4 Bedroom Rent Range 0-0 4 Bedrooms 0 Actual Or Projected Projected Auction No Cap Rate 5.00 City Transfer Tax Yes City Transfer Tax Rate 0.00 Comm Units Rent Rang 0-0 Commercial Units 0 Common Int Dev No Est Insurance Exp 5192.00 Est Maintenance Exp 4200.00 Est Management 9201.00 Est Misc Expenses 3680.00 Est Net Income 121854.00 Est Taxes 35507.00 Est Total Annual Exp 62166.00 Est Utilities Exp 4386.00 Expense Source Owner Furnished Units 0 GRM 13.56 Gross Scheduled Inc 184020.00 Guest Spaces 0 Laundry Appliance Coin OperatedW/D Hookups Lease Deposit 0.00 Lot Size Source (Realist Public Rec) Monthly Expenses 5180.50 Monthly Income 15335.00 Multifamily Type Multi Unit 5+ New Construction Or Resale Resale Operating Exp Inc ElectricityGarbageGasInsuranceMaintenanceManagementTaxes/AssessmentsVacancy FactorWater Planned Unit Develop No Sewer Septic Sewer Public Square Footage Source Appraiser Studio Ann Occupancy 0.00 Studio Rent Range 0-0 Studios 0 Studios Occupied 0 Tenant Pays ElectricityGas Transaction Type Sale Utilities Pg&E Water Source Water-Public Year Built Exception Unknown

    Listing information © 2018 Bay Area Real Estate Information Services.
    Listing courtesy of Jordan Geller of Jordan Geller, Broker.


    © 2018 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2018-08-21T23:56:20.463.
     
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    555 Mason Street, Suite 230
    Vacaville CA, 95688