$3,350,000
$3,140,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
4,460 SqFt
SOLD DATE : 02/11/2022
Key Details
Sold Price $3,350,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,460 sqft
Price per Sqft $751
MLS Listing ID ML81874145
Sold Date 02/11/22
HOA Y/N No
Year Built 1947
Annual Tax Amount $36,467
Lot Size 5,749 Sqft
Property Description
Buy an Asset, Not a Liability: Live in 1 Unit and Receive Low-Maintenance Rental Income From Other 3 Quality Units! AAA+, Irreplaceable Location-Half Block Walk From Broadway Burlingame (Walkscore: 80), Easy 101 Access. Easy to Manage, w/ Excellent Tenants. High-Demand Rental Area. 4 Spacious Units: 2 BR/1 BA: 844 SF; and 3 BR/1 BA: 1,160 SF. Owner Renovated All Units. Each Unit Offers: Central Forced Air Gas Furnace, Stainless Kitchen (Dishwasher, Gas Range). In-Unit Washer & Dryer in ALL UNITS. Tenants Pay Own Water & PG/E Meters. Owner Pays Garbage and Gardener. Nice Floorplans, Providing Investors With Ease of Rental & Hassle-Free Management. Extremely Supply-Constrained Core-Burlingame Market (Walk to Shops)-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 R3
Interior
Cooling None
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan
Exterior
Garage Covered
Garage Spaces 4.0
Carport Spaces 4
Garage Description 4.0
View Y/N No
Roof Type Shingle
Accessibility Parking
Parking Type Covered
Total Parking Spaces 2
Building
Story 2
Sewer Public Sewer
Water Public
Schools
Elementary Schools Roosevelt
Middle Schools Other
High Schools Burlingame
School District Other
Others
Tax ID 026211110
Security Features Security Lights
Financing Cash
Special Listing Condition Standard
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