$6,000,000
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255 Channing Way San Rafael, CA 94903
Other
Residence
28
Beds
2
Baths
13,300
Sq. Ft.
0.7
Acre
Lot
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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 throug...hout. 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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MLS#
324073256
Property Type
Other
Bedrooms
28
Bathrooms
Year Built
1965
Square Feet
13,300
sq. ft
Lot Size
0.7
Sewer
No Sewer
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