Bought with Jeremy Williams • ALPRIG
$3,260,000
$3,480,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
487 Lincoln CIR Millbrae, CA 94030
8 Beds
6,733 SqFt
Key Details
Sold Price $3,260,000
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,733 sqft
Price per Sqft $484
MLS Listing ID ML81669925
Sold Date 11/22/17
Bedrooms 8
Year Built 1968
Lot Size 7,040 Sqft
Property Sub-Type Five or More Units
Source MLSListings
Property Description
Rare opportunity to own this well maintained 6 UNITS building in the very quiet neighborhood of Telescope Hills in Millbrae. Each unit consists of 2 BR 1 BA storage room & 1 car parking. Separate PG&E meter. All units are identical with a massive upside rent potential. Rents are currently significantly below market rate and all leases are month to month. One unit has recently been remodeled with new interior paint & new carpet. Laundry room w coin-operated washer & dryer. Close proximity to shops & Restaurants. Easy access to Millbrae Bart Station, Highways 101, 380 & 280, El Camino Real, SFO, Millbrae City Hall, Public Library and Community Center.
Location
State CA
County San Mateo
Area Telescope Hills/Silva Ranch
Zoning RES
Interior
Heating Electric
Cooling None
Exterior
Parking Features Assigned Spaces
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Bitumen
Building
Foundation Concrete Perimeter
Sewer Community Sewer / Septic
Water Public
Others
Special Listing Condition Not Applicable
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