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Key Details
Sold Price $1,748,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81975825
Sold Date 12/30/24
HOA Y/N No
Year Built 1952
Annual Tax Amount $19,717
Lot Size 4,560 Sqft
Property Description
CURRENT 5.92 CAP RATE in SAN MATEO! First time in the the Market in 40+ Years, 43. N Idaho Offers an Investor a Fully Occupied 5 Unit Investment Property Consisting of (3) 2bed/1bths, and (2) 1bed/1bths. EXCELLENT Unit Mix with Many Upgrades to Units from New Flooring, Updated Bathrooms, Etc. Owner only pays house PG&E Meter. TENANTS PAY ALL OTHER UTLITITES with Separate Water & GAs/Electric Meters and Recology paid by tenants only - VERY RARE!
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Flat
Total Parking Spaces 5
Schools
School District Other
Others
Tax ID 033125010
Financing Conventional
Special Listing Condition Standard
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Bought with Neel Bhatia • Coldwell Banker Realty