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Listed by Rachid Atie • SC Properties, DRE#02095614
$1,995,000
Est. payment /mo
2,740 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,740 sqft
Price per Sqft $728
MLS Listing ID ML82066028
Year Built 1948
Lot Size 5,309 Sqft
Property Sub-Type Fourplex
Property Description
SC Properties exclusively presents 221 Paramount Drive, Millbrae, a well-maintained four-unit multifamily investment opportunity in one of the Peninsulas most desirable rental markets. The property features four (1)one-bedroom, (1) one-bathroom units, a recently replaced roof, and a well-kept exterior, offering investors a combination of existing rental income and immediate upside potential. With one unit currently vacant, a new owner has the opportunity to lease the unit at current market rates and increase the property's overall rental income. Conveniently located near Downtown Millbrae, BART, Caltrain, SFO, and major highways, 221 Paramount Drive presents an attractive opportunity for investors seeking stable cash flow, rental upside, and long-term appreciation in a strong Peninsula rental market.
Location
State CA
County San Mateo
Area Millwood
Zoning res
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Carport
Utilities Available Public Utilities
Roof Type Shingle
Building
Story 2
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 021-276-040
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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