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Address not disclosed Burlingame, CA 94010
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Key Details
Sold Price $2,200,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,764 sqft
Price per Sqft $795
MLS Listing ID ML81890301
Year Built 1951
Annual Tax Amount $27,488
Lot Size 5,702 Sqft
Property Description
RARELY-AVAILABLE High-Quality 4-Units in Burlingame w/ Easy Access to 101 & Broadway. Ideal for Owner-User or Investor Hassle Free Income. A-Location in North Burlingame (Rollins Rd @ Oak Grove). Easy Access to Broadway Burlingame, Caltrain, and Highway 101 Broadway Exit. Easy to Manage, w/ Excellent Tenants. High-Demand Rental Area w/ Below-Market Rents. 4 Well-Maintained Units: 2 BR/1 BA: 760 SF; and 1 BR/1 BA: 622 SF. Most Units are Updated. Each Unit Offers: Wall Furnace, Individual Water Heaters, Kitchen (Dishwasher, Gas Range), Enclosed Parking Garage. Tenants Pay Own PG/E Meters. Owner Pays Water, Garbage and Gardener. Nice Floorplans Offer Ease of Rental & Hassle-Free Management. Extremely Supply-Constrained Core-Burlingame Market (Little to No Apartments for Sale). Scarce Inventory and Low Transaction Velocity. Property Offers Excellent Hedge Against Inflation-High-Quality Asset in Excellent Location Providing Steady Cashflow and Value Preservation & Appreciation
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R-3 / Rollins Road Reside
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Covered
Garage Spaces 4.0
Garage Description 4.0
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Special Listing Condition Standard
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Bought with RECIP • Out of Area Office