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Undisclosed, San Geronimo, CA 94963

$1,145,000
Last sold 05/30/2024 for $1.2M
6
bed
4
bath
4,444
Sqft ($270/Sqft)

Multi-family not for sale

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About Undisclosed

Property type Multi-family

Neighborhood

Year built 1925

HOA fee $0/month

Lot size 1.25 Acre

Movoto estimate

Parking 4 garage spaces

Property description

Four Cottages and a Tri-plex on over an acre of land along Salmon Creek in the beautiful San Geronimo Valley. Significantly improved price on this major money maker or family compound. Just down the street from the SG Community Center and school. Fully occupied with friendly tenants. Just a 10 minute ride to Fairfax or head West to Olema and the Coast. GRM under 8.8!! and Cap around 7.25%! New roof installed on un-rented 4 car garage. Lots of options there. Can't find these numbers in Marin Co. on any investment property.

Listed by

Listing Agent - Wesley A Mayne

Listing Office - Coldwell Banker Realty

Source: BAREIS

MLS#323924383 • last updated 2 years ago

Movoto checked BAREIS for data 3 hours ago

Overview
Cooling/AC	None
Heating	Electric, Propane
Levels/Style	0
SqFt	4444
SubType	5 Or More Units
Type	Residential Income
Year Built	1925
MLS #	323924383
Status	Closed
On Market Date	2023-11-10
Lot Size (Acres)	1.2468
Lot Size (SqFt)	54311
Condition	Varies By Unit

Interior
Laundry	Other

Exterior
# Garage Spaces	4
# Parking Spaces	10
Parking	Detached, Side-by-Side
Lot Desc	Garden, Secluded, Shape Irregular

Amenities / Utilities
Water Source	Public
Sewer/ Septic	Septic System

Location
Area	San Geronimo Valley
County	Marin
APN	169-071-32

Multifamily Details
# of 2-BR Occupied	3
# of 1-BR Occupied	4
Unit 2: # Bedrooms	2
1-BR: Rent Range	1500-1950
Unit 4: # Bedrooms	2
Unit 2: # Full Bathrooms	1
Unit 3	Cottage
Unit 4: # Full Bathrooms	1
Unit 1	Cottage
2-BR: Rent Range	2400-2700
Unit 1: # Full Bathrooms	1
Unit 3: # Bedrooms	1
Unit 4	Cottage
Unit 2	Cottage
Unit 3: # Full Bathrooms	1
Unit 1: # Bedrooms	1
# of Units	7
# of 1-Bedroom Units	5
# of 2-Bedroom Units	2
Total # of Buildings	5
Gross Rent Multiplier	8.8
Gross Scheduled Income $	171000
Cap Rate	7.25