23 Bayo Vista Way, San Rafael, CA 94901
2 Unit Apartment Building | $1,650,000 ($825,000/Unit) | 3% Cap Rate | San Rafael, CA 94901
For Sale
Active
Asking Price $1,650,000
- Property Type
-
Multifamily
- Square Feet
- 2,105 SF
Listing Contacts
Property Overview
Fantastic opportunity to own a 2-unit income property in San Rafael's West End' neighborhood. Each unit enjoys private balconies and beautiful views overlooking Sun Valley. One unit will be delivered vacant. Rent both units or live in one unit and let the rent from the second unit help reduce your mortgage payment. Meticulously maintained, this property expresses true pride of ownership. Extensively renovated in 2016 with permits. Numerous upgrades include seismic retrofits (reinforced foundation, beams, and subfloors), a sewer lateral line replacement, insulation, dual-pane windows and sliding glass doors, drywall, hardwood floors, carport and concrete driveway. The kitchens and baths have been remodeled and the plumbing, electrical, and mechanical replaced throughout. The fully landscaped yards include irrigation and lighting on timers. Fully equipped with fire sprinklers, convenient laundry room, off-street (carport) parking, private storage units, and separate electric and gas meters. Close to downtown San Rafael, shopping, and public transportation. Don't let this incredible investment opportunity slip away. Schedule a showing today!
Property Details
- Class
- B
- Year Built/Renovated
- 1963/2016
- Stories
- 2
- Lot Size (sq. ft)
- 5,663 SF
- Units
- 2
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