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Listed by Compass
$ 1,680,000
Est. payment | /mo
2,516 SqFt
$ 1,680,000
Est. payment | /mo
2,516 SqFt
Open House
Fri Jun 26, 11:30am - 1:00pm
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,516 sqft
Price per Sqft $667
MLS Listing ID ML82051468
HOA Y/N No
Year Built 1953
Lot Size 4,748 Sqft
Property Sub-Type Quadruplex
Source Datashare MLSListings
Property Description
Incredible opportunity to acquire a rarely available Fourplex in downtown Belmont that offers significant add-value for a new owner, with one unit already vacant and another coming vacant soon. Renovate and achieve top market rents immediately! (4) One-Bedroom / One-Bath Units. Newly upgraded electrical system and new sewer lateral piping installed ($22k). Individual water heaters. Walking distance to Belmont Caltrain Station and Belmont Village Shopping Center. Walk Score: 88 (Very Walkable). Surrounded by major Life Science & Biotech Development Projects estimated to deliver 13,000 employees - high paying research, tech & life science jobs - potential future tenants! Close proximity to highly ranked schools including Carlmont High School (10/10 Rating). Ideal for owner-occupiers, value-add multifamily investors, small syndicators, 1031 exchange buyers, life-science workforce housing, and family offices.
Location
State CA
County San Mateo
Interior
Heating Natural Gas, Wall Furnace
Cooling No Air Conditioning
Fireplace No
Building
Water Public
Schools
School District Sequoia Union High, Belmont-Redwood Shores Elementary
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