MLS#ML82013904
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLOther
Listing Courtesy of:
Jefrey Henderson, Broker
Agency Phone: (408) 453-7461
Associate Name: Jefrey Henderson
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Property Description
515 B Street is a premier investment opportunity for local ownership groups to own the Brookside Apartments, a boutique multifamily property located in the Gerstle Park market of San Rafael. The property was built in 1975 and boats 10 one-bedroom, one-bathroom units on a quiet street near downtown San Rafael. The location attracts high-quality tenants with substantial rental upside through programmatic A+ finishes. This opportunity boasts high in-place rents and ownership has done significant capital improvements including, but not limited to, seismic retrofit completed, roof replaced with 60mil TPO, SB 721 Balcony Inspection & repairs completed. The Brookside Apartments is a nearly turnkey investment with rental upside.
Property Features
Property Type: Commercial - Business
Cooling: Gas
Lot Size: 0.32 Acres
Roof Type: Foam
Taxes: $53,000
Year Built: 1975
Feature Descriptions
Days on Site: 271
Parcel#: 01215723
Local Schools
School District: Other
Listed By / Shown By
Listed By
Agency Name: Jefrey Henderson, Broker
Agency Phone: (408) 453-7461
Agent Name: Jefrey Henderson
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
515 B Street | MLS# ML82013904
This commercial property located at 515 B Street, San Rafael, CA 94901 is currently listed for sale with an asking price of $3,450,000. B Street is located within the Other school district. Search San Rafael real estate on www.farrellsmyth.com today.