7 Merrydale RD Active

San Rafael,CA 94903

$ 2725000

3 Beds

2 Baths

4914 SqFt


Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,914 sqft

Price per Sqft $554

MLS Listing ID ML82023819

Bedrooms 3

Full Baths 2

Year Built 1960

Lot Size 0.501 Acres

Property Sub-Type Five or More Units

Property Description

7 Merrydale Road, Merrydale View, 8 units in San Rafael made up of five (5) 1 bed 1 bath units, and three (3) 2 bed 1 bath units. Marin is beginning to emerge as a secondary hub for startups and the AI boom of San Francisco, offering investors the opportunity to take advantage of Marin County's growing workforce. The property has been lightly renovated with LVT flooring, countertops, etc. with strong in-place cash flow and future upside, the property presents an exceptional opportunity in one of California's top rental markets

Location

State CA

County Marin

Area San Rafael

Interior

Heating Electric

Cooling None

Exterior

Parking Features Common Parking Area

Utilities Available Individual Electric Meters,Individual Gas Meters

Roof Type Other

Building

Foundation Other

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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