For Sale, USD 6,000,000
255 Channing Way, San Rafael CA 94903, San Rafael, California, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 13,300 ft² / 1,236 m²
Land Size : N/A
Bedroom : 28
Bathroom : 2
Half Bathroom : 0
MLS#: N/A
Property Description
This 14-unit apartment building offers a turn key investment opportunity in a sought-after area. The property has been well-maintained and features recently remodeled units, including new floors, updated kitchens, and modern appliances. Each apartment is spacious, with plenty of natural light throughout. The building benefits from a history of strong occupancy rates and high rental demand, providing steady income potential. Additionally, it has been optimized for low operating costs with separate PG&E meters and a partial Ratio Utility Billing System (RUBS) in place. Ideal for investors, this property offers long-term stability and an attractive return on investment due to its solid rental market and low expenses.
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255 Channing Way, San Rafael CA 94903, United States,California,San Rafael is a 13,300ft² San Rafael luxury Multi-Family Home listed for sale USD 6,000,000. This high end San Rafael Multi-Family Home is comprised of 28 bedrooms and 2 baths. Find more luxury properties in San Rafael or search for luxury properties for sale in San Rafael.