Quality four-unit building in an ideal southern Marin Tiburon location. All apartments feature an innovative design with 2BR/2BA floorplans, large decks, and views of Ring Mountain and Mt Tamalpais. Situated on a large .36 acre lot.
Two units are currently occupied by the owners, one unit vacant, and one unit rented month to month. Three of the units can be delivered vacant at the close of escrow.
All four apartments feature near-identical 2BR/2BA floorplans, each with a large view deck. The lower two apartments also offer large private patio areas in addition to the deck spaces.
Four carport parking spaces plus two uncovered spaces on-site with ample additional parking on the street. There is a common laundry area behind the carports and four separate storage rooms for the tenants. Apartments are individually metered for PG&E.
The property was built in 1964 and is wood frame construction with a tar and gravel roof. Overall, the property appears to be in particularly good condition.
The property has been, for the most part, owner-occupied. Three of the apartments will be delivered vacant at closing.
This is a high-demand rental area and works well for an owner to occupy one or more of the apartments with the other rents offsetting the cost of ownership.