About This Home
This 0-bedroom, 0-bathroom residential multi family at 301 Poplar St in Mill Valley, CA is listed for $3,000,000 ($511 per sqft). Built in 1961, the home offers 5,869 sqft of living space on a 0.15 acres lot.
Key Features
- Built in 1961
- 0.15 acre lot
Property Details
Amenities
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.
Monthly Cost Estimate
$16,045/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
301 Poplar St
Mill Valley, CA 94941
Not Listed
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 301 Poplar St is listed at $3,000,000 ($511/sqft). The estimated monthly payment is $16,045 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1961, 0.15 acre lot. Exterior Features: No Yard.
This property is listed by Kevin Obrien and can be reached at 9255950422.