255 Channing Way, San Rafael, CA 94903

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$6,000,000

bedrooms

bathrooms

square feet

13,300

Acreage

0.7013

Open Houses

year built

1965

Full Baths

Half Baths

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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 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.

Location
Subdivision	-
County	Marin
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 324073256

Listing agent: Michael B Johnston #DRE #01370461

Listing broker: Berkshire Hathaway Drysdale Properties (415) 655-9007

Last update: Friday, September 13 2024 at 11:17 a.m. EDT

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