LOCATION, LOCATION, LOCATION: 7 units (6 1 BR/1BA + 1 Studio) mix of six one bedroom and one studio, with approximately 5,583 square feet of living space on an approximate 5,000 square foot lot .
POTENTIAL UPSIDE FOR RENTS, Extensively upgraded and renovated remodeled from bottom to top, many units upgraded for bathrooms, kitchens, stainless steel appliances, granite countertops, double pane windows.
Minutes away from Downtown Burlingame, Caltrain, SFO (San Francisco International Airport), Hwy 101
Up-scale, thriving and stunning Burlingame area with many retails & shopping: Safeway, Banana Republic, Lululemon, Pottery Barn, Starbucks, Philz Coffee. Up-scale fine dining Restaurants such as Limon, Trapese Mediterranean, Mykonas Meze, Velvet 48, Stella Alpina Osteria, Saltyard, Sushiirrito, Park & Howard Bistro and more.
On site owned coin-op washer & dryer
All units are separately metered for PG&E.
Current rents per owner $13,050 per month, $156,600 total per year
Current rents are on month to month basis.
Unit. 1 - STUDIO 400 Sqft $1,725 per month
Unit. 2 - 1BR/1BA 660 Sqft $1,895 per month
Unit. 3 - 1BR/1BA 660 Sqft $1,875 per month
Unit. 4 - 1BR/1BA 660 Sqft $1,995 per month
Unit. 5 - 1BR/1BA 660 Sqft $1,795 per month
Unit. 6 - 1BR/1BA 660 Sqft $1,795 per month
Unit. 7 – 1BR/1BA 775 Sqft $2,095 per month
Total $13,175 per month $158,100 total per year