San Rafael, CA 94901,515 B Street
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San Rafael, CA 94901,515 B Street
San Rafael, CA 94901,515 B Street
San Rafael, CA 94901,515 B Street
San Rafael, CA 94901,515 B Street
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Listed by Jefrey Henderson • Jefrey Henderson, Broker
$ 3,450,000
Est. payment /mo
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Active

515 B Street San Rafael, CA 94901

5,342 SqFt


UPDATED:

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

Property Sub-Type Other

Source Datashare MLSListings

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


Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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515 B Street