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    561 Bridgeway Way

    Sausalito, CA 94965
    • $5,725,000
    • STATUS: Active
    • ON SITE: 145 days
    • ID#: 22008848
    UPDATED: 40 min ago
    $5,725,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,492
      SQFT
    • $1,042
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1897
    County:
    Area:

    School Ratings & Info

    Description

    Here is your chance to own in high demand area of the Bay Area. This Iconic 8 unit Historical mixed use building across the water's edge is a wonderful addition to any investors portfolio. Nestled among the mainstream of popular restaurants and shops along the waterfront in Sausalito. Newer roof, some units have recently been renovated with new flooring, new baths, new kitchens and new appliances. Located in a high traffic area with strong year round tourist presence. The mixed use 30% Retail and 70% Retail & Residential is a great investment mixture for any investor. Just minutes across the Golden Gate Bridge from San Francisco, Sausalito is both a world-renowned tourist destination and incredible place to call home.

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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 Zephyr Real Estate. Data last updated: 2020-09-21T07:55:43.95.
    www.teamobrienre.com/homes/105370615
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    561 Bridgeway Way Sausalito, CA 94965

    • Price: $5,725,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: 22008848
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    5,492
    SQFT
    $1,042
    $/SQFT
    1897
    Built
    Neighborhood:
    Sausalito
    County:
    Marin
    Area:
    Sausalito
    Property Description
    Here is your chance to own in high demand area of the Bay Area. This Iconic 8 unit Historical mixed use building across the water's edge is a wonderful addition to any investors portfolio. Nestled among the mainstream of popular restaurants and shops along the waterfront in Sausalito. Newer roof, some units have recently been renovated with new flooring, new baths, new kitchens and new appliances. Located in a high traffic area with strong year round tourist presence. The mixed use 30% Retail and 70% Retail & Residential is a great investment mixture for any investor. Just minutes across the Golden Gate Bridge from San Francisco, Sausalito is both a world-renowned tourist destination and incredible place to call home.
    Exterior Features

    Carports 0 Exterior ShingleWood Siding Foundation Construct Other Garages 0 Loading None Lot Description UpslopeLevel On Site Parking On Street Open Uncovered Spaces 0 Roof Composition Rv Boat Spaces 0 Type 2 Story Underground Spaces 0 Views BayBridgesCityPanoramicWater Yard Grounds Deck(S)

    Interior Features

    Basement None Floors HardwoodWood Heat Cool Wall Furnace

    Property Features

    1 Bdrm Ann Occupancy 0.00 1 Bdrms Occupied 0 1 Bedroom Rent Range $2150-$3203 1 Bedrooms 3 2 Bdrm Ann Occupancy 0.00 2 Bdrms Occupied 0 2 Bedroom Rent Range 0 2 Bedrooms 0 3 Bdrm Ann Occupancy 0.00 3 Bdrms Occupied 0 3 Bedroom Rent Range 0 3 Bedrooms 0 4 Bdrm Ann Occupancy 0.00 4 Bdrms Occupied 0 4 Bedroom Rent Range 0 4 Bedrooms 0 Actual Or Projected Projected Auction No Cap Rate 4.50 City Transfer Tax No City Transfer Tax Rate 0.00 Comm Units Rent Rang $1479 Commercial Units 2 Common Int Dev No Est Insurance Exp 0.00 Est Maintenance Exp 35806.00 Est Management 0.00 Est Misc Expenses 0.00 Est Net Income 189194.00 Est Taxes 65000.00 Est Total Annual Exp 100806.00 Est Utilities Exp 0.00 Expense Source Accountant Furnished Units 0 GRM 19.74 Gross Scheduled Inc 290000.00 Guest Spaces 0 Laundry Appliance None Lease Deposit 0.00 Lease Terms 1 YearMonth To Month Lot Size Source (Realist Public Rec) Monthly Expenses 8400.50 Monthly Income 24166.67 Multifamily Type Multi Unit 5+ New Construction Or Resale Resale Operating Exp Inc Accounting Pending Litigation No Planned Unit Develop No Separate Meters ElectricityGas Sewer Septic Sewer Public Square Footage Source Realist Public Rec Studio Ann Occupancy 0.00 Studio Rent Range $1308-$2150 Studios 3 Studios Occupied 0 Tenant Pays Cable TvElectricityGas Transaction Type Sale Utilities Pg&E Water Source Water-Public Year Built Source Realist Public Rec

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of Denise Kilker of Re/Max Gold.


    © 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 Zephyr Real Estate. Data last updated: 2020-09-21T07:55:43.95.
     
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