301 Poplar St, Mill Valley, CA 94941
- $3,000,000
- List Price
- $3,000,000
- Status
- ACTIVE
- MLS#
- 41145498
- Year Built
- 1961
- Lot Size
- 6,650
- Acres
- 0.15
- Lot Location
- Street Level
- Days on Market
- 23
- Property Type
- Multifamily
- 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
- Appliances
- Dryer, Washer
- Heat
- Forced Air
- Cooling
- Yes
- Exterior Construction
- Stucco, Wood Siding
- Attached Structure
- Detached
- Number Of Units Total
- 8
Listing courtesy of Listing Agent: Kevin Obrien (EmailKevin@Att.net) from Listing Office: RE/MAX Accord.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.