Rare opportunity to purchase a very well-maintained fourplex in Burlingame's Broadway Neighborhood. This fourplex, located just a block-and-a half from Broadway, has a unit mix of (1) 2-Bedroom/1-Bathroom unit and (3) 1-Bedroom/1-Bathroom units. Unit 1 has a spacious, private backyard, Units 2 and 3 have been remodeled in 2022 and… Read More 2019, respectively. All four units have garbage disposals and dishwashers. The three spacious upstairs units (2, 3, 4) have vaulted ceilings with high vertical windows offering abundant natural light. There are dual pane windows in 3 of the 4 units and an abundance of parking with 5 carports, and a large private two-car garage. All units have storage and access to the on-site coin-operated laundry room. Sewer lateral compliance certified in 2023, and a new water heater was installed in 2023. Steps away from shopping, groceries, and restaurants on Broadway, 1 mile from Hwy 101 onramp, and 3 blocks from CalTrain station for convenient commuting up and down the Bay. This is a great opportunity for generational income property in one the nicest sub-markets on the Peninsula. Read Less
Courtesy of Compass, Nate Gustavson 415-786-9410
Listing Snapshot
Days Online
15
Last Updated
Property Type
Fourplex
Square Ft.
4,651
Lot Size
0.13 Acres
Year Built
1978
MLS Number
ML81992699
30 Days Snapshot Of 94010
$3,735k
-19%
(avg) sold price
7
-22%
homes sold
14
-72%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 5750.00, Max Area Units: Square Feet
Unit One
1 bedroom in unit 1, Unit 1 rent: $2,180
Unit Two
1 bedroom in unit 2, Unit 2 rent: $2,495
Unit Three
1 bedroom in unit 3, Unit 3 rent: $2,695
Unit Four
2 bedrooms in unit 4, Unit 4 rent: $2,300
Accessibility Features
None
Building
Built in 1978, 4 building units, 1 building, 4,651 structure square feet
Roof
Composition, Shingle
Utilities
Individual Electric Meters, Individual Gas Meters
Sewer
Sewer Connected
Security Features
None
Heating
Electric
Cooling
None
Foundation
Concrete Slab
Laundry
Coin Operated
Water Features
Public
Garage
2 garage spaces
Miscellaneous
Vacancy factor: 2
Tenant Pays
Utilities - Electric, Utilities - Gas
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