$1,828,000
Off Market

119 E Poplar Avenue

San Mateo, CA 94401
1940 sqft | 6 beds | 3 baths | 0.17 acres | #ML81988521
Listing OfficeRedfin
Type:Purchase
Structure:House
Zone:Residential

Description

Rare Investment opportunity with potential of adding an ADU on the expansive lot. This unique duplex with an additional one bedroom studio is perfectly situated just minutes from downtown Burlingame and San Mateo, making it an ideal choice for investors. The property includes a 2-bedroom, 1-bath upper unit, a 3-bedroom, 1-bath middle unit, and a 1-bedroom, 1-bath studio, all currently rented on month-to-month leases with total rents of $7,300 per month, does not include utilities. Features include newer carpet, tile flooring, crown molding, forced central heat, and abundant natural light. Recent updates include a composite roof, skylights, refreshed interior and exterior paint, and stainless steel appliances in select units. The property also offers shared laundry facilities, dedicated storage closets, open parking for three vehicles at the rear and updated sewer lateral. Located in a highly walkable neighborhood, residents enjoy easy access to walking trails, parks, schools, Caltrain, and an array of popular restaurants. Don't miss this rare opportunity to own a versatile and well-maintained income property in a coveted location!

Location

RayBon MortgageReal Estate Group
OR