332 BAYVIEW STREET

$1,495,000

1885 Grand Victorian in surprisingly good condition. This plus two 1BR cottages in back. All on a level lot in the Gerstle Park area of San Rafael.
The main house has very tall ceilings and all of the Victorian trim and lighting.  Home has 3BR, 2BA, formal living room, formal dining room, and a huge kitchen. Great for an owner to occupy and allow the cottage rental to pay for your mortgage. This also works well as continuing the current owner's use as a rental. The current tenant is paying $3,850.
The two 1BR cottages in the back are private and are rented for approximately $2,000 each. In between the Victorian and the cottages lies a huge level yard area, which is beautifully landscaped.
The property is currently shown only by appointment with the listing agent. The tenant in the Victorian will be vacating late February and the property will be placed on the open market with a Marin County Realtor's lockbox. Please do not disturb any of the tenants.
Offers and Terms: The Seller's motivation is to trade out of this property into a larger Marin building. We are actively searching for such a property. Until one is located any offer to buy this property would have to be "subject to" the Seller locating the trade-up property. This does not work for all Buyers. It may not allow for a quick close of escrow, and will, in fact, require a longer than normal close of escrow.

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Michael Burke


Lic#00454938
415.877.1077
mburke@marinapartments.com
MarinApartments.com | My Bio

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    500 Drakes Landing Road
    Greenbrae, CA 94904

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