704 Cabin Drive Mill Valley CA 94941 MLS #325043085

Fantastic property in a lovely Tam Valley setting that currently lives/rents as two units. Multiple living options: 4BD/2BA SFR, live in one unit and rent the other or a viable 1031 exchange with immediate income. An internal door/stairway connects the two floors. A mostly level lot and 2,113 SF of living space. Both units are tenant-occupied and have a private entrance. Lower unit is on a MTM basis and the upper unit goes MTM on June 30th. Approximately $6.5k of monthly income. The 3BD/1BA upper level rents for $4300/mo. The lower level 1BD/1BA unit rents for $2195/mo. Recent improvements include exterior paint, refinished top and bottom decks, gutters replaced, tree trimming and private driveway parking was just completed. Updated kitchen with stainless appliances, fireplaces on both floors. a 2-car attached garage as well as plentiful off-street parking and room for RV/Boat. Both floors have decks, the lower one was improved in 2019. Laundry for the main house and a separate one for the lower in-law. Utility expenses are allocated pro-rata as the home has one meter (and handled by tenants). Wonderful neighborhood in prime location just minutes from Good Earth, Hook Fish Co, Pizzahacker, Tam Elem and Tam HS. A great opportunity in a family friendly and outdoorsy community.