Property Details
About this Property
This 14-unit apartment building offers a turn key investment opportunity in a sought-after area. The property has been well-maintained and features recently remodeled units, including new floors, updated kitchens, and modern appliances. Each apartment is spacious, with plenty of natural light throughout. The building benefits from a history of strong occupancy rates and high rental demand, providing steady income potential. Additionally, it has been optimized for low operating costs with separate PG&E meters and a partial Ratio Utility Billing System (RUBS) in place. Ideal for investors, this property offers long-term stability and an attractive return on investment due to its solid rental market and low expenses.
MLS Listing Information
MLS #
BA324073256
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
53
Interior Features
Cooling
None
Heating
Individual Room Controls
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 0 Car(s)
Sewer
None
Water
None
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 0 | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 0 | 2 | 1/0 | $2,900 | – | – |
| 2 | 0 | 2 | 1/0 | $2,900 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
255 Channing Way is a Residential Income in San Rafael, CA 94903. This 13,300 square foot property sits on a 0.701 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,000,000 and was built in 1965. This address can also be written as 255 Channing Way, San Rafael, CA 94903.
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This listing information is up-to-date as of September 13, 2024. For the most current information, please contact Michael Johnston, (415) 794-6453
