Property Overview:
Investment Opportunity in Sausalito! Discover a legacy building in the heart of Sausalito, featuring four 1BR/1BA units each with private decks. All units have been upgraded over time, including newer kitchens and bathrooms. Fresh paint within the last 3 years and refinished or new floors throughout. The property offers four covered parking spaces plus four tandem, uncovered spots. Each unit enjoys private laundry and storage. Residents can relax or BBQ in the large, shared backyard.
Neighborhood Highlights:
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Prime Location:
- Just one block to the bus and a 15-minute walk to the ferry.
- Close to San Francisco, Highways 101 & 580.
- Surrounded by restaurants, shops, and iconic Marin views.
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Lifestyle:
- Enjoy the vibrant Sausalito community with easy access to public transit and outdoor amenities.
Property Features:
- Four 1BR/1BA units with decks.
- Upgraded kitchens and bathrooms in all units.
- Recently painted interiors and refinished/new floors.
- Private laundry and storage for each unit.
- Eight parking spaces: four covered, four tandem uncovered.
- Large shared backyard for relaxation and BBQs.
- All units currently rented; 2 units on month-to-month leases.
- Potential for ADU and/or condo conversion.
Investment Potential:
- Ideal for owner-occupants or investors.
- Stable rental income with flexibility for future changes.
- Expansion possibilities with ADU or condo conversion options.
- Desirable location ensures strong tenant demand and long-term value.