For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,105,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,320 sqft
Price per Sqft $837
MLS Listing ID ML81812674
Sold Date 01/28/21
HOA Y/N No
Year Built 1958
Annual Tax Amount $18,352
Lot Size 3,798 Sqft
Acres 0.0872
Property Description
**Huge $150K+ Price Reduction!!** Built in 1958, the property has (2) 1BD/1BA units (1) studio on a 3,800 sq/ft lot with a gross livable area of 1,320 sq/ft. This property has fresh paint, new vinyl dual pane windows, new wooden perimeter fence, and new concrete poured around the perimeter with 4 parking spots. Interior amenities include newer tiles(kitchen/bathrooms), crown molding, washer/dryer hookups, and new counters. All units share a common area backyard. The studio unit was fully remodeled last year with modern LVT plank flooring, new baseboards, new tiles in the bathroom/kitchen, new kitchen counter, with all new appliances. The owner achieved a $450 per month increase from previous rents with ease, providing a proof of concept for remaining units. All tenants paid 100% of their rent during the Pandemic. Each unit is metered separately for water and PG&E with its own water heater. The owner is only responsible for property tax, property insurance and any turnover costs!
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R300S5
Interior
Heating Wall Furnace
Cooling None
Flooring Tile
Fireplace No
Appliance Electric Oven, Refrigerator
Exterior
Garage Uncovered
Roof Type Composition
Accessibility None
Parking Type Uncovered
Total Parking Spaces 4
Building
Story 1
Foundation Slab
Sewer Public Sewer
Schools
School District Other
Others
Tax ID 054204130
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with RECIP • Out of Area Office
GET MORE INFORMATION
Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960