$2,200,000
$2,354,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
2,764 SqFt
SOLD DATE : 06/24/2022
Key Details
Sold Price $2,200,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,764 sqft
Price per Sqft $795
MLS Listing ID ML81890301
Sold Date 06/24/22
Bedrooms 6
Full Baths 4
Year Built 1951
Lot Size 5,700 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 Burlingame Gardens Etc.
Zoning R-3 / Rollins Road Residential
Rooms
Kitchen Countertop - Formica, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Ice Maker, Oven Range - Gas, Refrigerator
Interior
Heating Wall Furnace
Cooling None
Laundry Coin Operated, Washer / Dryer
Exterior
Parking Features Covered Parking, Detached Garage, Parking Area
Garage Spaces 4.0
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition
Building
Lot Description Regular
Story 2
Foundation Concrete Perimeter and Slab, Crawl Space
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 029-083-070
Security Features Secured Garage / Parking,Security Lights
Horse Property No
Special Listing Condition Not Applicable
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