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Listed by Nancy Shen • Compass, DRE#02072962
Bought with Dana Carmel • Represent Realty
Bought with Dana Carmel • Represent Realty
$ 2,450,000
$ 2,498,800 2.0%
Est. payment | /mo
5 Beds
3 Baths
2,795 SqFt
$ 2,450,000
$ 2,498,800 2.0%
Est. payment | /mo
5 Beds
3 Baths
2,795 SqFt
Key Details
Sold Price $2,450,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,795 sqft
Price per Sqft $876
MLS Listing ID ML82048163
Bedrooms 5
Full Baths 3
Year Built 1941
Lot Size 5,750 Sqft
Property Sub-Type Triplex
Property Description
**Offer due- Thursday June 4 by 2pm** A true investors gem a rare opportunity offering exceptional five-digit monthly rental income! Beautifully renovated 3-unit apartment building located in the heart of downtown Burlingame in an exceptionally desirable location. Nestled on a quiet, charming street, yet within walking distance to dozens of restaurants, Starbucks, grocery stores, banks, Caltrain, fitness centers, childcare facilities, and top-rated schools. Designed for easy ownership with low yard maintenance, the property features an ideal unit mix of two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. All units have been tastefully updated, equipped with A/C, and are currently operated by professional property management as either Airbnb rentals or occupied by long-term tenants with extremely low to no vacancy. Perfect for a large or multi-generational family seeking both togetherness and privacy while generating strong rental income, or for investors looking for exceptional cash flow and rare-to-find rental returns. Don't miss this incredible opportunity- see it before it's gone!
Location
State CA
County San Mateo
Area Burlingame Terrace-Easton Addition
Zoning RM0000
Interior
Heating Wall Furnace
Cooling Central AC
Flooring Hardwood
Exterior
Parking Features Attached Garage, Parking Area
Garage Spaces 2.0
Utilities Available Public Utilities
Roof Type Composition
Building
Story 2
Foundation Crawl Space
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable

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