Property Details
About this Property
An incredible Marin County investment opportunity in the unincorporated section west of Fairfax. The property is located on .78 acres (33,927 sf) of land and features three spacious side-by-side duplexes with 3BR/1.5 BA townhouse units. Each apartment is 1,428sf. They are thoughtfully designed for modern living. The property's open layout gives each building a sense of privacy and lends itself to future development, such as ADUs. Three separate parcels; however, necessary easements for driveway, parking, utilities, etc between the properties still need to be created and recorded. Buyer to confirm with the County. As Duplexes with 3 BRs are rare, the rental income for this property is generous, with units being rented in the $4500 range. Overall, the property seems to be in good condition, however, a neighboring property caused a mudslide above the middle upper duplex. While, we understand, the cause has been repaired, these two units remain empty and still need substantial repairs, as well as the hillside directly above. Three duplexes priced at $1,000,000 each with one discounted $500,000 for repairs needed. Properties being sold as a package for $2,500,000 AS IS. Experience the charm of Fairfax, known for its vibrant community, outdoor activities, and artistic spirit.
MLS Listing Information
MLS #
BA324085978
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
53
Interior Features
Cooling
None
Heating
Central Forced Air
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Contact Information
Listing Agent
Michael Burke
Golden Gate Sotheby's International Realty
License #: 00454938
Phone: (415) 464-9300
Co-Listing Agent
Pamela Burke
License #: 02156257
Phone: (415) 424-9835
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 0 | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 1,428 | 0 | 0/0 | – | – | – |
| 2 | 1,428 | 0 | 0/0 | – | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
329 Olema Rd is a Residential Income in Fairfax, CA 94930. This 8,568 square foot property sits on a 0.778 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,500,000 and was built in 1964. This address can also be written as 329 Olema Rd, Fairfax, CA 94930.
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This listing information is up-to-date as of December 19, 2024. For the most current information, please contact Michael Burke, (415) 464-9300
