Fully Approved and open building permit construction site. Fully Assumable 3.5% FHA Rehabilitation Loan (zero down payment required). Loan has Private Mortgage Insurance that drops every 12 months. Effective rate for the next 20 years is between 4.8% - 4.25%. Buyer need only qualify for the existing loan balance (approximately $800,000), then pay/invest cash with a builder to finish the 2 bd/2.5 approved house. As Alternative, a 1 bd/1.5 is also approved and can be closed in faster. Take the reigns with your builder and finish a home that is worth ~ $1,200,000. Enjoy views of morning sun hitting the valley of Fairfax. A sunlit terraced yard and inviting patio are immediately adjacent to the house. Imagine the storage shed area being a great location for an accessory dwelling unit and garage. At the street there is ample parking which can easily accommodate up to five vehicles. This location is still very close to the center of downtown Fairfax. Just a little further up, the hill are a plethora of hiking trails, mountain biking single track, and Marin County's hallmark open spaces. Enjoy the famous friendly vibe & outdoors of Fairfax. Finish out the interior to your liking. Much of the infrastructure to complete the house is already in place. An opportunity rarely found.
MLS #
BA324025005
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
24
Buyer's Brokerage Compensation*
2.25%
Appliances
Other
Laundry
Other
Cooling
Other
Heating
Other
Pool
None, Pool - No
Garage/Parking
Other, Side By Side, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
# Buildings | # Leased Units | # Total Units |
---|---|---|
0 | – | – |
64 Mountain View Rd is a Single Family Residence in Fairfax, CA 94930. This 1,318 square foot property sits on a 5,998 Sq Ft Lot and features 2 bedrooms & 2 full and 1 partial bathrooms. It is currently priced at $985,000 and was built in 1934.
This address can also be written as 64 Mountain View Rd, Fairfax, CA 94930.©2024 Bay Area Real Estate Information Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bay Area Real Estate Information Services, Inc.
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This listing information is up-to-date as of April 19, 2024. For the most current information, please contact Stefan Schermerhorn