1946 Ivy ST

SAN MATEO, CA, 94403

$2,998,000

$677 per ft²
$2,998,000
$677 per ft²
Active
Active
 - For Sale
carpenters-square
4,428 ft²
property_type
Commercial
calendar
Built 1958
SELLER FINANCED SALE in Prime San Mateo Location! Incredible, Below Market Loan of $2,000,000 fixed at 4.25% Interest Only Until June of 2027 allows for an Investor to Acquire a Well Taken Care of Six Unit Property with only 33% Down! Property is Currently Generating $153,244 in Annual Income. Building is a total of 6 Units, with Many Significant Upgrades Ranging from Remodeled Kitchens, & Bathrooms, New Commercial Water Heater, Strong Tenant Profile . Interest Only Loan Allows for Excellent Write Off & Positive Day 1 Cash Flow!
MLS® ID:
ML81920133
Updated:
3/27/23
Compass
Mary Ann Teixeira
Mobile: 650.399.5505Email: maryann@maryannt.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
5,702 ft² lot
Roof
Tar and Gravel
Sewer
Sewer in Street

Other Property Details

Area Name
420
Garage
Yes
Parking
Covered Parking
View
Y
County
San Mateo
Utilities
Individual Electric Meters
Water Source
Public
Pool
Yes
Zoning
R3

Courtesy of Coldwell Banker Realty, Neel Bhatia,
Listing Contact: 408-828-4024 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Mary Ann Teixeira shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 10:23 PM UTC, 3/27/23

 

Compass
Mary Ann Teixeira
Mobile: 650.399.5505Email: maryann@maryannt.com
Contact