Description
Nestled in a sunny grouping of redwoods and palms trees, this triplex is not to be missed. The well-maintained property offers a detached home, plus 2 English-style townhomes and 2 studios. The location of this Mill Valley property is ideal, with public transportation and Hwy 101 nearby. The remodeled one-story vintage residence has 3BR/2Baths, FP, one car garage and private fenced yard, and would be a nice home to live in, with the rental income to offset the cost of ownership. Built in 1992, each upgraded townhome has 2BR/1.5 Baths, FP, in-unit laundry, and 2 Car parking, plus a separate lower-level studio with 2 Rooms/Bath for a home office/guest suite. Application has been submitted to create a legal ADU with one of the studios, with the second ADU by the new owner. An investment in this high-rent marketplace allows the investor the opportunity to bring low rents to market rent and increase future cash flow, while adding potential income with the creation of 2 legal ADU units.
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7BEDS
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0.22ACRES
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6BATHS
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01/2 BATHS
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4,429SQFT
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$790$/SQFT
School Ratings & Info
Description
Nestled in a sunny grouping of redwoods and palms trees, this triplex is not to be missed. The well-maintained property offers a detached home, plus 2 English-style townhomes and 2 studios. The location of this Mill Valley property is ideal, with public transportation and Hwy 101 nearby. The remodeled one-story vintage residence has 3BR/2Baths, FP, one car garage and private fenced yard, and would be a nice home to live in, with the rental income to offset the cost of ownership. Built in 1992, each upgraded townhome has 2BR/1.5 Baths, FP, in-unit laundry, and 2 Car parking, plus a separate lower-level studio with 2 Rooms/Bath for a home office/guest suite. Application has been submitted to create a legal ADU with one of the studios, with the second ADU by the new owner. An investment in this high-rent marketplace allows the investor the opportunity to bring low rents to market rent and increase future cash flow, while adding potential income with the creation of 2 legal ADU units.
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