301 Poplar St, Mill Valley, CA 94941
- $3,000,000
- 5,869
- SqFt
- List Price
- $3,000,000
- Status
- ACTIVE
- Days on Market
- 22
- MLS#
- 41145498
- Subtype
- Residential Income
- Year Built
- 1961
- Living Area
- 5,869
- Lot Size
- 6,650
- Acres
- 0.15
- Subdivision
- Not Listed
- Neighborhood
- Not Listed
Property Description
MILL VALLEY … For-Sale ... Mixed-Use Building … Quaint, Tudor-Style Building with wonderful curb-appeal and good rent history – 6-miles to Muir Beach and less than a mile to Tam Junction. First time on the market since 1984 – this has been a terrific, family-managed rental property for the sellers and now it is time to pass it on to a new generation of owners. Excellent condition – well-maintained with lots of recent improvements, including sound-limiting between units. Upstairs you will find 5 apartments (two with 2-bedrooms and three with 1-bedroom). Downstairs are three spaces for retail / office / commercial (zoned General Commercial / Mixed Use). Next door to the Fire Station with good parking for Tenants and some visibility to Hwy-1 / Shoreline Hwy. Proforma Cap-Rates of 5.6% with current Tenants, or 7% Cap-Rates from HUD programs. Rent Roll and 3-Years of Financials are available - see Disclosure Package.
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Additional Information
- Flooring
- Partial Carpeting, Tile, Vinyl, Wood
- Appliances
- Dryer, Washer
- Heating
- Forced Air
- Air Conditioning
- See Remarks
- Exterior Features
- Stucco, Wood Siding
- Roof
- Bitumen
- Parking Features
- Carport - 2 Or More, Off Street, Parking Lot, Space Per Unit - 1
Mortgage Calculator
Listing courtesy of Kevin Obrien from RE/MAX Accord. 925-595-0422
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