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    35 Cascade Way

    Mill Valley, CA 94941
    • $2,295,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: 22025438
    UPDATED: 204 min ago
    $2,295,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,890
      SQFT
    • $1,214
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    Description

    Don't miss this great duplex plus separate studio located in a downtown Mill Valley's Old Mill Park. This turnkey investment property has generated income through short-term and long-term rentals. The three units consist of a legal duplex consisting of a 2Bed/1Bath unit and a 1Bed/1Bath rental along with a legal separate studio cottage with full BA and partial kitchen. Huge, wrap around decks to enjoy an indoor/outdoor lifestyle. All units have been remodeled to magazine-worthy perfection with stylish fixtures and furnishings. Plenty of parking available. AirBbB reviews rave about the close proximity to town, schools, parks, and hikes while still feeling removed from it all because you are surrounded by redwood trees.Can be delivered occupied or all units vacant depending on wishes of buyer. Also listed in Residential MLS #22025742.

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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 Golden Gate Sotheby's International Realty. Data last updated: 2020-12-04T23:55:45.337.
    www.jasonknowsmarin.com/homes/111183158
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    35 Cascade Way Mill Valley, CA 94941

    • Price: $2,295,000
    • Status: Active
    • Updated: 204 min ago
    • ID#: 22025438
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1,890
    SQFT
    $1,214
    $/SQFT
    1910
    Built
    Neighborhood:
    Mill Valley
    County:
    Marin
    Area:
    Mill Valley
    Property Description
    Don't miss this great duplex plus separate studio located in a downtown Mill Valley's Old Mill Park. This turnkey investment property has generated income through short-term and long-term rentals. The three units consist of a legal duplex consisting of a 2Bed/1Bath unit and a 1Bed/1Bath rental along with a legal separate studio cottage with full BA and partial kitchen. Huge, wrap around decks to enjoy an indoor/outdoor lifestyle. All units have been remodeled to magazine-worthy perfection with stylish fixtures and furnishings. Plenty of parking available. AirBbB reviews rave about the close proximity to town, schools, parks, and hikes while still feeling removed from it all because you are surrounded by redwood trees.Can be delivered occupied or all units vacant depending on wishes of buyer. Also listed in Residential MLS #22025742.
    Exterior Features

    Exterior Shingle Foundation Construct Concrete Perimeter Garage Parking 4-7 CarsOff Street Lot Description UpslopeLevel Pool No Roof Shingle Style Bungalow Type Triplex View Yes Views Forest/Woods

    Interior Features

    Fireplace Yes Floors Hardwood Laundry Appliance Coin OperatedCommon Room Unit1 Approx Sq Ft 900 Unit1 Baths Full 1 Unit1 Bedrooms 2 Unit1 Half Baths 0 Unit1 Includes Balcony/DeckCable TvCentral HeatDishwasherGarbage DisposalMicrowaveOven/RangeRefrigeratorStorageWindow Covers Unit1 Sq Ft Source Owner Unit1 Total Rooms 0 Unit2 Approx Sq Ft 660 Unit2 Baths Full 1 Unit2 Bedrooms 1 Unit2 Half Baths 0 Unit2 Includes Balcony/DeckCable TvCarpetsDishwasherGarbage DisposalMicrowaveOven/RangeRefrigerator Unit2 Sq Ft Source Owner Unit2 Total Rooms 0 Unit3 Access Feat Other Unit3 Approx Sq Ft 330 Unit3 Baths Full 1 Unit3 Bedrooms 0 Unit3 Half Baths 0 Unit3 Includes Balcony/DeckCentral HeatDishwasherOther Unit3 Sq Ft Source Owner Unit3 Total Rooms 1 Unit4 Approx Sq Ft 0 Unit4 Total Rooms 0

    Property Features

    Auction No Cap Rate 5.10 City Transfer Tax No City Transfer Tax Rate 0.00 Common Int Dev No Deposits 0.00 Est Ann Net Income 118200.00 Est Insurance Exp 4800.00 Est Maintenance Exp 2400.00 Est Management 0.00 Est Misc Expenses 0.00 Est Taxes 27000.00 Est Total Annual Exp 37800.00 Est Utilities Exp 3600.00 GRM 14.71 Gross Scheduled Inc 156000.00 Lot Size Source (Realist Public Rec) Monthly Expenses 3150.00 Monthly Income 13000.00 Multifamily Type Multi Unit 2-4 New Construction Or Resale Resale Operating Exp Inc AccountingElectricityGarbageGasInsuranceJanitor ServicesLicense FeesMaintenanceManagementMiscellaneousTaxes/AssessmentsVacancy FactorWater Planned Unit Develop No Projected Or Actual Actual Sewer Septic Sewer Public Square Footage Source Owner Transaction Type Sale Unit1 Lease Term Month To Month Unit1 Rents For 4500.00 Unit2 Lease Term Month To Month Unit2 Rents For 3500.00 Unit3 Lease Term Month To Month Unit3 Rents For 2500.00 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 Beth Brody 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 Golden Gate Sotheby's International Realty. Data last updated: 2020-12-04T23:55:45.337.
     
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