517 B Street Active Save Request In-Person Tour Request Virtual Tour
San Rafael,CA 94901
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,342 sqft
Price per Sqft $645
MLS Listing ID ML82013904
HOA Y/N No
Year Built 1975
Lot Size 0.317 Acres
Acres 0.32
Property Sub-Type Other
Property Description
515 B Street is a premier investment opportunity for local ownership groups to own the Brookside Apartments, a boutique multifamily property located in the Gerstle Park market of San Rafael. The property was built in 1975 and boats 10 one-bedroom, one-bathroom units on a quiet street near downtown San Rafael. The location attracts high-quality tenants with substantial rental upside through programmatic A+ finishes. This opportunity boasts high in-place rents and ownership has done significant capital improvements including, but not limited to, seismic retrofit completed, roof replaced with 60mil TPO, SB 721 Balcony Inspection & repairs completed. The Brookside Apartments is a nearly turnkey investment with rental upside.
Location
State CA
County Marin
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Building
New Construction No
Others
Tax ID 01215723