37 Pacheco St - Apartments FOR SALE


San Rafael, CA 94901- Lincoln-San Rafael Hill
$2,200,000 USD
707-615-5988
37 Pacheco St, San Rafael, CA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/28
null | 4.13% Cap Rate

37 Pacheco St
San Rafael, CA 94901
Lincoln-San Rafael Hill


HIGHLIGHTS

  • 3 Renovated Units
  • TPO Roof Installed in 2022
  • Seporate Electricity Meters.
  • Nice Tenant Amenities for Future Prospects

OVERVIEW

North Bay Property Advisors is proud to offer for sale 37 Pacheco Street, San Rafael. This well maintained 6-unit multifamily investment opportunity was built in 1974 and totals approximately 3,204 square feet. The property consists of three studio units and three one-bedroom units. Three of the apartments have been extensively renovated with modern kitchens, updated bathrooms, and refreshed living spaces. Each unit is individually metered for electricity and features its own HVAC system, along with an in-unit washer and dryer, offering tenants convenience and privacy, and enhancing the desirability of future prospects. The exterior of the property includes nine off-street parking spaces, a new TPO roof installed in 2022, and private patios for tenants' enjoyment. This professionally managed and consistently maintained apartment complex presents a compelling opportunity for investors seeking a stable, turnkey asset in the heart of Marin County.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$566 USD /SF

# OF UNITS

6

PRICE/UNIT

$366,667

CAP RATE

4.13%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R/O

APN/PARCEL ID

011-185-09

ASK ABOUT THIS PROPERTY

Daniel SilewiczNorth Bay Property AdvisorsMore Info
707-615-5988

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Daniel SilewiczNorth Bay Property AdvisorsMore Info
707-615-5988

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.