Under Contract

Private Address

$1,495,000


$336.41 per sqft

Under Contract

4,444 sqft

Multi-family

Built in 1925

Four Cottages and a Tri-plex on over an acre of land along Salmon Creek in the beautiful San Geronimo Valley. Significantly improved price on this major money maker or family compound. Just down the street from the SG Community Center and school. Fully occupied with friendly tenants. Just a 10 minute ride to Fairfax or head West to Olema and the Coast. GRM under 8.8!! and Cap around 7.25%! New roof installed on un-rented 4 car garage. Lots of options there. Can't find these numbers in Marin Co. on any investment property.

323924383

MLS ID

April 27, 2024

Updated

Map

Private Address

Interior Features

Laundry Description

Other


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Electric, Propane

Exterior/Building Features

Lot Size

1.25 Acres


Exterior Features

Garden, Secluded, Shape Irregular


Lot Features

Garden, Secluded, Shape Irregular


Sewer

Septic System

Other Property Details

Area Name

San Geronimo Valley


Garage

Yes


Garage Spaces

4


Parking

Detached, Side-by-Side


View

No


County

Marin


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/24/2024

Under Contract

4/4/2024

Price Change

$1,495,000

-6%

2/23/2024

Price Change

$1,575,000

-5%

1/27/2024

Price Change

$1,650,000

-6%

12/29/2023

Price Change

$1,750,000

-6%

Listed by Wesley A Mayne (00870083) with Coldwell Banker Realty

Listing Contact:  

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