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$1,950,000
Est. payment /mo
8 Beds
3,151 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,151 sqft
Price per Sqft $618
MLS Listing ID ML81992450
Bedrooms 8
HOA Y/N No
Year Built 1910
Lot Size 4,008 Sqft
Acres 0.09
Property Sub-Type Triplex
Property Description
Stunning Fully Rented Triplex with 5% Cap Rate in the Heart of Colma, CA! Welcome to this beautifully renovated triplex at 448, 450, and 450 1/2 E St in Colma, CA. Completely updated with permits, this property offers modern amenities and is compliant with todays standards, making it move-in ready for generational living or an ideal turn-key investment. This fully rented property generates a total monthly income of $10,749, or an annual income of $131,433.30, plus the additional laundry income from the laundry room at the property. Its the perfect opportunity for investors looking for a stable, low maintenance, income-generating property in a growing market. Nestled in a vibrant and friendly neighborhood, this triplex combines suburban tranquility with urban convenience. Located just 4 miles from Mussel Rock Park and Beach, 8 miles from San Francisco International Airport (SFO), 10 miles from downtown San Francisco, and 2 miles from Daly City, it's an ideal location for commuters and frequent travelers. The area is well-connected by public transit, ensuring hassle-free commuting. Don't miss out on this exceptional opportunity to own a piece of Colma's charm.
Location
State CA
County San Mateo
Zoning R000
Interior
Interior Features Smart Thermostat
Heating Forced Air
Cooling No Air Conditioning
Flooring Tile
Fireplace No
Window Features Double Pane Windows
Laundry Coin Operated
Exterior
Exterior Feature Back Yard
View Y/N true
View Mountain(s)
Building
New Construction No
Schools
School District Jefferson Union High
Others
Tax ID 008144100
Virtual Tour https://sites.nxt-genmedia.net/vd/150851306
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Listed by Andrew Pak • EQ1