1851 2nd St 2 Unit Apartment Building $1,250,000 ($625,000/Unit) 4.38% Cap Rate San Rafael, CA 94901

Located in the heart of San Rafael, 1851 2nd Street offers an ideal blend of convenience, accessibility, and investment appeal. This centrally located property is just moments from downtown amenities, transportation, dining, and shopping making it highly desirable and easy to rent. A walkable neighborhood enhances everyday livability, while ample parking adds a major bonus rarely found in such a prime location. Whether you're seeking a low-maintenance investment or a property that benefits from consistent tenant demand, 1851 2nd Street checks all the boxes with its unbeatable location and practical appeal. Unit A is a ground floor unit with 2 bedrooms, 2 baths as well as a generous laundry & storage room. Unit B is a second floor unit with 3 bedrooms, 2 bathrooms, large dining room & living room with a beautiful fireplace. Easy cosmetic updates to increase value and 1 unit under current market rent. Current tenants are fantastic and have leases that are month to month but would love to stay if possible (willing to sign longer leases). Photos have been virtually decluttered originals can be found at 18512ndstreet.com.