1950 Ivy Street
San Mateo, CA 94403
0.13 acres | #ML81984484
Description
Solid 6 Unit Offering in PRIME San Mateo Location! Property Benefits from Newly Remodeled Unit Featuring New Kitchen & Bath, Newer Double Pane Windows, Newer Electrical Panels, Individual Carport Parking, Individual Gas & Electric Meters, Newer Sewer Line to Street, and On Site Laundry for Additional Income! IDENTICAL property next door, 1950 Ivy Street, just sold this year/2024 for Sale Price of $2,700,000. Seller is Motivated to Sell to Conduct 1031 Exchange. 1950 Ivy Street consists of (5) 1bed/1bth Units & (1) 2bed/1bth Unit with $154K+ in Current In Place Income with the Ability to Increase rents by up to 9% After Close of Escrow! Must See to Appreciate!
Property Details
- Acres0.1309
Construction Details
- Property TypePurchase
Condition
- Year Built1958
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- CountySan Mateo
- School DistrictOther
Financial Details
- Original List Price$2,460,000
- Taxes Annual$27,793
Other
- MLS #ML81984484
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Neel Bhatia (#ML487929)
Listing Office: Coldwell Banker Realty (#ML29508)
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