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MFListing.com, The Premiere FREE "Flea Market" For MultiFamily and Commercial Properties
Investment Opportunity
Address: 706 South Grant City: San Mateo State: California Zip: 94402 Country: United States Sale Price: $900,000 Status: Active
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Year Built: 1970 Unit Mix: 2 units of 2bd/1ba Stories: 1 Total Actual Rent/Month: $3,025 Neighborhood: Bowie Estate
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Building Size (sqft): 1,720 Roof Status: excellent Foundation: Concrete Lot Size: Approx. 6500 Meters: Electris separate, Gas separate Utilities: Electric, natural Gas
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Full Description: A duplex with two 2 bedrooms,1 bath each available for sale. In a prime location near San Mateo downtown. It recently has been completely remodeled. one of the newest building in the block. 2 covered detached car garage. Each unit has extra storage spaces. Potential total rental income of $3500.00, or you can live in one unit and rent the other. An EXCELLENT opportunity for an INVESTOR. This is the lowest price for such a great building in the area.Motivated seller, Rents are bellow market, Private garages. Excellent neighborhood. Significant upside rent potential. Great location near parks. Lot size 6000 SF, Each unit 860 SF, Cost per unit $475,000. Gross annual rental income $36,300.00 Please visit this property at: www.706SouthGrant.com Please contact BIJAN if you have any question. 650/302-6923 Agent
Financial Year: 2006 Scheduled Gross Income: $48,000 Vacancy Rate (%): 0 Annual Property Tax: $6,800 Annual Mantenance Cost: $0 Insurance: $1,500 Property management (%): 0 Net Operating Income: $39,700
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Unit/Community Features Carpeted Floors Dishwasher Disposal Gas Range Microwave Washer/Dryer
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Location Description: A very fanily oriented neighborhood. Near San Mateo downtown, close to public transpotation, parks and shopping.
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Listing Agent/Owner
Listed by: Bijan
Amini
Phone: 650/302-6923
Fax: 650/343/4826
This listing has been viewed 2994 times.
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