329-339 Olema Road - Three Duplexes

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 to be sold separately. 

As Duplexes with 3 BRs are rare, the rental income for this property is generous, with units previously 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. These two units remain empty and need substantial repairs, as well does the hillside directly above.  

Three duplexes priced at $917,000 each with one discounted $500,000 for repairs needed. Properties are being sold as a package for $2,250,000 AS IS.

Experience the charm of Fairfax, known for its vibrant community, outdoor activities, and artistic spirit. Great Flx and Flip property. Money to be made. 

Easy to show. Call for an appointment or more information.