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Investment Opportunity

Listed by Bijan Amini


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

Building Size (sqft): 1,720
Roof Status: excellent
Foundation: Concrete
Lot Size: Approx. 6500
Meters: Electris separate, Gas separate
Utilities: Electric, natural Gas


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

Unit/Community Features
Carpeted Floors
Dishwasher
Disposal
Gas Range
Microwave
Washer/Dryer

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





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