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    1 Spruce Road

    Fairfax, CA 94930
    • $1,058,000
    • STATUS: Active
    • ON SITE: 8 days
    • ID#: 22028073
    UPDATED: 60 min ago
    $1,058,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,640
      SQFT
    • $401
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1919
    County:
    Area:

    School Ratings & Info

    Description

    Situated directly adjacent to lively downtown Fairfax, this charming three-unit building is located in the flats just minutes away from shopping, restaurants, parks and public transportation. This unique property includes a larger 2-bedroom + Loft unit on the upper level and two 1-bedroom units below. Each unit features a private entrance with a fenced yard or patio and has designated off-street parking. The roof of the main building was fully replaced in 2019. The finished garage and accompanying storage rooms add additional value to this unique property. This building presents a great opportunity for the new or experienced investor to own a multi-unit property in coveted Marin County.

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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 Rapisarda Real Estate. Data last updated: 2020-11-27T19:55:58.383.
    www.raphomes.com/homes/111998589
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    1 Spruce Road Fairfax, CA 94930

    • Price: $1,058,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 22028073
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,640
    SQFT
    $401
    $/SQFT
    1919
    Built
    Neighborhood:
    Fairfax
    County:
    Marin
    Area:
    Fairfax
    Property Description
    Situated directly adjacent to lively downtown Fairfax, this charming three-unit building is located in the flats just minutes away from shopping, restaurants, parks and public transportation. This unique property includes a larger 2-bedroom + Loft unit on the upper level and two 1-bedroom units below. Each unit features a private entrance with a fenced yard or patio and has designated off-street parking. The roof of the main building was fully replaced in 2019. The finished garage and accompanying storage rooms add additional value to this unique property. This building presents a great opportunity for the new or experienced investor to own a multi-unit property in coveted Marin County.
    Exterior Features

    Exterior Wood Siding Foundation Construct Cc Perimeter Garage Parking 4-7 CarsGarage Lot Description Level Pool No Roof CompositionShingle Style Other Type 2 StoryApartmentsTriplex View No

    Interior Features

    Fireplace Yes Laundry Appliance Common Room Unit1 Approx Sq Ft 0 Unit1 Baths Full 1 Unit1 Bedrooms 1 Unit1 Half Baths 0 Unit1 Includes Apartment(S) Unit1 Sq Ft Source Not Measured Unit1 Total Rooms 0 Unit2 Approx Sq Ft 0 Unit2 Baths Full 1 Unit2 Bedrooms 1 Unit2 Half Baths 0 Unit2 Includes Apartment(S) Unit2 Sq Ft Source Not Measured Unit2 Total Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Baths Full 1 Unit3 Bedrooms 2 Unit3 Half Baths 0 Unit3 Includes Apartment(S) Unit3 Sq Ft Source Not Measured Unit3 Total Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Total Rooms 0

    Property Features

    Auction No Cap Rate 3.13 City Transfer Tax No City Transfer Tax Rate 0.00 Common Int Dev No Deposits 0.00 Est Ann Net Income 33165.00 Est Insurance Exp 1961.00 Est Maintenance Exp 3030.00 Est Management 0.00 Est Misc Expenses 1200.00 Est Taxes 18654.00 Est Total Annual Exp 27435.00 Est Utilities Exp 2590.00 Expense Source Owner GRM 17.46 Gross Scheduled Inc 60600.00 Lot Size Source (Realist Public Rec) Monthly Expenses 2286.25 Monthly Income 5050.00 Multifamily Type Multi Unit 2-4 New Construction Or Resale Resale Operating Exp Inc ElectricityGarbageGasInsuranceMaintenanceMiscellaneousTaxes/AssessmentsWater Planned Unit Develop No Projected Or Actual Actual Separate Meters ElectricityGas Sewer Septic Sewer Public Square Footage Source Realist Public Rec Tenant Pays ElectricityGas Transaction Type Sale Unit1 Rents For 1600.00 Unit2 Rents For 900.00 Unit3 Rents For 2400.00 Unit4 Rents For 0.00 Water Source Water-Public Year Built Source Realist Public Rec

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of Ted Abe of Berkshire Hathaway.


    © 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 Rapisarda Real Estate. Data last updated: 2020-11-27T19:55:58.383.
     
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    Vacaville CA, 95688