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    506-508 Spring Street

    Sausalito, CA 94965
    • $1,995,000
    • STATUS: Active
    • ON SITE: 4 days
    • ID#: 22027919
    New On Site 4 Days Ago
    UPDATED: 77 min ago
    $1,995,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,150
      SQFT
    • $633
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Ratings & Info

    Description

    Legacy building in the heart of Sausalito. 4 one bedroom units with private decks. All units have been upgraded throughout the 60 years of ownership. 4+ parking spaces with individual storage and laundry for each unit. Large, flat backyard ready for your imagination. This is a great owner user or investor property. Rents are actual and under market. Building is in great condition with all reports.

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    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX GOLD. Data last updated: 2020-11-23T20:56:01.153.
    www.sonomamarinhomes.com/homes/111981021
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    506-508 Spring Street Sausalito, CA 94965

    • Price: $1,995,000
    • Status: Active
    • Updated: 77 min ago
    • ID#: 22027919
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,150
    SQFT
    $633
    $/SQFT
    Neighborhood:
    Sausalito
    County:
    Marin
    Area:
    Sausalito
    Property Description
    Legacy building in the heart of Sausalito. 4 one bedroom units with private decks. All units have been upgraded throughout the 60 years of ownership. 4+ parking spaces with individual storage and laundry for each unit. Large, flat backyard ready for your imagination. This is a great owner user or investor property. Rents are actual and under market. Building is in great condition with all reports.
    Exterior Features

    Exterior StuccoWood Siding Foundation Construct Concrete PerimeterWood Frame Garage Parking 4-7 CarsAttachedCarportsSide By Side Lot Description Level Pool No Roof Composition Style Traditional Type 2 StoryFourplex View Yes Views BayPartial

    Interior Features

    Basement Storage Area Fireplace No Laundry Appliance OwnedOther Unit1 Approx Sq Ft 788 Unit1 Baths Full 1 Unit1 Bedrooms 1 Unit1 Half Baths 0 Unit1 Includes Balcony/DeckNo Air ConditioningRefrigeratorWasher/Dryer Unit1 Sq Ft Source Owner Unit1 Total Rooms 3 Unit2 Approx Sq Ft 788 Unit2 Baths Full 1 Unit2 Bedrooms 1 Unit2 Half Baths 0 Unit2 Includes No Air ConditioningRefrigerator Unit2 Sq Ft Source Appraiser Unit2 Total Rooms 3 Unit3 Approx Sq Ft 788 Unit3 Baths Full 1 Unit3 Bedrooms 1 Unit3 Half Baths 0 Unit3 Includes No Air ConditioningRefrigeratorWasher/Dryer Unit3 Sq Ft Source Appraiser Unit3 Total Rooms 3 Unit4 Approx Sq Ft 788 Unit4 Baths Full 1 Unit4 Bedrooms 1 Unit4 Half Baths 0 Unit4 Includes No Air ConditioningRefrigeratorView(S)Washer/Dryer Unit4 Sq Ft Source Appraiser Unit4 Total Rooms 3

    Property Features

    Auction No Cap Rate 4.20 City Transfer Tax No City Transfer Tax Rate 0.00 Common Int Dev No Deposits 0.00 Est Ann Net Income -3940.00 Est Insurance Exp 0.00 Est Maintenance Exp 0.00 Est Management 0.00 Est Misc Expenses 0.00 Est Taxes 0.00 Est Total Annual Exp 3960.00 Est Utilities Exp 3960.00 GRM 99750.00 Gross Scheduled Inc 20.00 Lot Size Source (Appraiser) Monthly Expenses 330.00 Monthly Income 1.67 Multifamily Type Multi Unit 2-4 New Construction Or Resale Resale Operating Exp Inc Garbage Planned Unit Develop No Projected Or Actual Actual Safety Security Carbon Mon DetectorSmoke AlarmsOther Sewer Septic Sewer Public Square Footage Source Appraiser Transaction Type Sale Unit1 Date Lease Ex 2021-06-01 Unit1 Lease Term Year Lease Unit1 Rents For 1900.00 Unit2 Date Lease Ex 2021-06-24 Unit2 Lease Term Year Lease Unit2 Rents For 2000.00 Unit3 Lease Term Month To Month Unit3 Rents For 2200.00 Unit4 Date Lease Ex 2022-06-01 Unit4 Lease Term Lease > 1 Year Unit4 Rents For 1750.00 Water Source Water-Public Year Built Exception Unknown

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of Tracey Broadman of Compass.


    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX GOLD. Data last updated: 2020-11-23T20:56:01.153.
     
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