2020 5th Ave San Rafael, CA 94901-1714
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $350
Bedrooms 5
Full Baths 8
Property Description
Projected annual rent:
$75,000
Property Tax:
$4,195
Insurance:
$4,400
Regular Maintenance:
$2,400
Reserves for Replacement:
$3,900
Annual Expenses:
$7,945
Net Operating Income:
$54,205
CAP Rate:
4.4%
What Sets It Apart
Both units have been updated with a new foundation, sheetrock, plumbing, electrical, and Anderson windows. The duplex includes earthquake-proof garages, in-unit laundry, and separate meters for gas and water. Each unit has access to a gated yard, providing added privacy and appeal for tenants.
Investor HIghlights
Priced at $1,649,000 with a market rent estimate of $7,500 per month, this duplex is an excellent income-generating property. With a 4.4% cap rate, the property offers strong potential for long-term returns. Professionally managed and updated, this is a great investment for buyers seeking steady income with minimal effort.
Location
State CA
County Marin
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