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Marie Geisser

Marie Geisser - Realtor®

Coldwell Banker
Kappel Gateway Realty

750 Mason St. Suite 101
Vacaville, CA 95688

Phone: (707) 456-7355

Marie@MarieGeisser.com

Great numbers & rents are still considerably under market. Projected rents make Cap Rate 5.34. Great exchange piece. This is a hands free investment. The HOA fee is $750 per month (all 4 units) pays for water, garbage, roofs, siding exterior maintenance & insurance. The building consists of two 1 BD, 1 ba units & two 2 BD, 2 ba units. Property is close to shopping and transportation.

Interior Features

Fireplace: No

Floors: Tile, Vinyl/Linoleum, W/W Carpet

Laundry Appliance: Coin Operated, Common Room


Unit 1 Bedrooms: 2

Unit 1 Baths Full: 1

Unit 1 Half Baths: 1

Unit 1 Approx SqFt: 765

Unit 1 Total Rooms: 5

Unit 1 Includes: 220 Wiring, Balcony/Deck, Carpets, Oven/Range, Refrigerator


Unit 2 Bedrooms: 1

Unit 2 Baths Full: 1

Unit 2 Half Baths: 1

Unit 2 Approx SqFt: 645

Unit 2 Total Rooms: 4

Unit 2 Includes: 220 Wiring, Carpets, Oven/Range, Patio(s), Refrigerator


Unit 3 Bedrooms: 2

Unit 3 Baths Full: 1

Unit 3 Half Baths: 1

Unit 3 Approx SqFt: 801

Unit 3 Total Rooms: 5

Unit 3 Includes: 220 Wiring, Balcony/Deck, Carpets, Refrigerator

Unit 4 Bedrooms: 1

Unit 4 Baths Full: 1

Unit 4 Half Baths: 1

Unit 4 Approx SqFt: 681

Unit 4 Total Rooms: 4

Unit 4 Includes: 220 Wiring, Balcony/Deck, Carpets


Exterior Features

Property Type: Multi Unit 2-4

# of Units: 4

Gar/Prk: 4-7 Cars, Carports, Covered, Offsite, Side by Side

Lot Size (Sq. Ft.): 1,799

Acres: 0.04

Pool: No


Investor Information

Monthly Income: 5000

Est. Management: 9000

Est. Misc. Expenses: 0

Separate Meters: Electricity, Gas

Monthly Expenses: 2150.92

Est. Insurance: 1948.00

Tenant Pays: Cable TV, Electricity, Gas, Insurance


Unit 1 Occupancy: Tenant

Unit 1 Rents for: 1400


Unit 3 Occupancy: Tenant

Unit 3 Rents for: 1400


Unit 2 Occupancy: Tenant

Unit 2 Rents for: 1100


Unit 4 Occupancy: Tenant

Unit 4 Rents for: 1100


Community Information

County: Marin

Utilities: City, PG&E


General Information

Property Type: Multi Unit 2-4

Transaction Type: Sale

New Construct/Resale: Resale

Status: Active

MLS #21606131

335 Enfrente Road
Novato, CA 94949

Listing Price: $819,000

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Contact Info:

Marie Geisser, Realtor

Marie Geisser

Coldwell Banker

Kappel Gateway Realty

Phone: (707) 456-7355

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Listing information courtesy of: Dan Bastien (MLS# A015277) - Bradley Real Estate-San Rafael (MLS# AMELISS1)
Listing information current as of: Wed May 25, 2016 3:15:35 PST