534 Canal Street, San Rafael, CA 94901 | PW20218101 | Vista Sotheby’s International Realty

534 Canal Street $1,700,000

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    534 Canal Street San Rafael, CA 94901

    • 4,688 sq. ft.
    • 0.17 Acres
    • Commercial Sale
    • MLS# PW20218101
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    Views: 8 Days On Market: 90

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    Property Details

    Great investment gem! This family owned 3 story, 5 unit water front is situated in a high demand and easy to rent area in Marin County. The property has boat access to the canal and near transportation, shopping and more. 3 units have 2 bedrooms 1 bath and 2 units are 1 bedroom 1 bath, all very spacious and roomy. Some units are recently remodeled. All units have electric stoves and their own connection to electricity but the building has 1 gas water heater that is shared with all units. New roof installed in 2013 and 4 units have new furnace installed 3 years ago. 2 Laundry rooms are on the 1st and 2nd floors, shared by 4 of the units. Apartment 5 is entirely on the 3rd floor and has it's own private laundry room with electric dryer, a small room that can be used as an office space or a second bathroom can be added. This unit has a street view and a balcony with a water view. Overall, 3 units have a water view and all units have either a private patio/balcony. 7 private parking spaces and un-restricted public parking available. The owner is working on stilts/pillars on the water that need reinforcement/repair and possibly installing a new dock. Rent amounts are only an estimate based on current market for informational purposes only. So much potential in a growing and promising area in San Rafael! Don't miss out!

    • General Features
      • County Or Parish Marin
      • Number Of Buildings 1
      • Number Of Units Total 5
      • Year Built 1961
    • Building Features
      • Cooling None
      • Heating Central
      • Laundry Features Gas Dryer Hookup,Individual Room,Inside,See Remarks,Washer Hookup
    • Property Features
      • Lot Features Paved,Walkstreet
      • Lot Size Acres 0.17
      • Waterfront Features Canal Front,Creek
      • Parking Total 7.00

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    Neighborhood

    94901 (San Rafael) Demographics

    40 Median Age
    3,206 Population Density (per sq. mile)
    50% College Educated
    $82,231 Estimated Median Income
    7,771 Estimated Total Home Owners
    7,816 Estimated Total Renters
    50% / 50% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    42,212 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    21 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,700,000
        10/20/2020 6:29:00 PM New in Database Source New Value: $1,700,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 1/18/2021 3:28:53 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.