Bought with Amar Realtor • Keller Williams Palo Alto
$1,100,000
$1,099,888
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541 4th Avenue San Bruno, CA 94066
5 Beds
4 Baths
1,900 SqFt
Key Details
Sold Price $1,100,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,900 sqft
Price per Sqft $578
MLS Listing ID ML81979561
Sold Date 11/07/24
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1939
Lot Size 5,000 Sqft
Property Sub-Type Detached
Source Datashare MLSListings
Property Description
New, transparent price! Cash or finance. Empty house ready for buyer! Income property with an 8 percent cap rate that pays for itself. Rare opportunity to own a home with such high rentals return at this price. The homeowner has used this home to live in and is an income property. He has 3 little ones and living on the construction site is no longer workable. He looks for further investments and is excited to see the next owner finish what he started and see profits immediately. Some cosmetics work to bring to completion is done without the liberty of permits but well-built structures. Now that it's vacant expected to move fast. Interest rates dropping, and housing soaring don't miss out on this great opportunity. Bring your contractor! This opportunity in San Bruno's Belle Air Park is unique and large. 5 bedrooms and 4 baths (one is a converted garage). Disclosures available now. The walls are straight and the floors are level, the current owner made these changes including a bonus room, addition, and ADU with kitchen, bed, and full bath. Inspections are done. The buyer verifies square footage (county says 860 but the seller has added on). Rental Income Main House 3600 ADU 3000 Garage 950 Studio 1650 =$9050 per month
Location
State CA
County San Mateo
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile
Fireplace No
Appliance Dishwasher, Gas Range, Microwave
Laundry Dryer, Washer
Exterior
Private Pool false
Building
Lot Description Regular
Foundation Slab
Water Public
Architectural Style Traditional
Schools
School District San Mateo Union High, San Bruno Park Elementary
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