460 Wisnom Avenue, San Mateo

460 Wisnom Avenue, San Mateo

Sold

Details

  • SOLD!
    Offered at:
    $1,199,000

Description:

4 PLEX GOLDEN INVESTMENT OPPORTUNITY with 5.71 cap rate currently generates $96,000 gross annual income with even greater potential, and only $16,000 in operating expenses. Charming 2 story vintage building well located in a prestigious part of San Mateo consisting mostly of single family homes. All units have been updated and there is an existing record of little vacancy. The 2,520 +/- sq. ft. 106-year-old property sits on a good sized 4,800 +/- sq. ft. corner lot. There are individual gas and electric meters for each unit to offset operating costs. It is in great proximity to both the Burlingame and Hillsborough borders.


Address and Map:


CA,

DEBORAH CHELINI
International President's Premier
Senior Marketing Consultant

CA BRE #01076494

(650) 868-9700 (cell)
(650) 631-3946 (fax)
deborahchelini@icloud.com

COLDWELL BANKER
Residential Real Estate Services
1427 Chapin Avenue
Burlingame, CA 94010