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Listed by Alicia Sandoval • Keller Williams Palo Alto
$1,598,000
Est. payment /mo
2,490 SqFt
Open House
Sun Sep 14, 1:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,490 sqft
Price per Sqft $641
MLS Listing ID ML82021482
HOA Y/N No
Year Built 1922
Lot Size 7,314 Sqft
Property Sub-Type Duplex
Source Datashare MLSListings
Property Description
Rare Investment Opportunity in Prime San Mateo Location! Ideally located between Downtown Burlingame and Downtown San Mateo, this well-maintained duplex, with additional unit, offers flexibility for investors, multi-generational living, or owner-occupants. The property includes a 2BR/1BA upper unit, 3BR/1BA middle unit, and a 1BR/1BA studio all currently rented month-to-month with a combined monthly income of $7,350 (utilities not included). Features include updated interiors, newer carpet, tile flooring, crown molding, and abundant natural light. Select units offer stainless steel appliances. Recent upgrades: composite roof, skylights, fresh interior/exterior paint, and updated sewer lateral. Shared laundry, dedicated storage closets, and open parking for 3 vehicles enhance functionality. Large lot may offer ADU potential (buyer to verify with City of San Mateo). Convenient, walkable location near Caltrain, top schools, parks, trails, and a wide variety of shops and restaurants. Live in one unit and rent the others, or enjoy solid rental income from all three. A rare and versatile opportunity in a sought-after neighborhood!
Location
State CA
County San Mateo
Interior
Heating Forced Air, Other
Cooling No Air Conditioning
Flooring Tile
Fireplace No
Laundry Coin Operated
Schools
School District San Mateo Union High, San Mateo-Foster City Elementary
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613