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BACK to MARKET no Fault by Seller! REDUCING PRICE by $120K to Reflect Market Interests Received for Property. APPROVED & ACTIVE INSURANCE quote from Fortega for Buyer to Adopt at $3,700 Annual. This PRIME QUADRAPLEX in Downtown San Mateo has an Excellent Unit Mix with (2) Spacious Two Bedroom/One Bathroom Units & (2) One Bedroom/One Bath Units. Units Benefit from Private Patios or Balconies, Great Floor Plans, with Many Upgrades. Buyer Legally Able to Occupy Unit(s) with 60 Day Notice to tenant(s)! Nearly 2:1 Parking Ratio, Large 6,400 Lot allowing for ADU Addition. Property is Located Just Moments from Downtown! Motivated Seller! Seller is Open to Wait for Buyer's 1031 Exchange with Strong Terms. TOUR SCHEDULE: Wednesday, 5/22 from 1:30 to 3:30. Verify with Agent for Scheduling.
LAST UPDATED | 5/14/2024 | YEAR BUILT | 1962 |
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COUNTY | San Mateo | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
PRICE HISTORY |
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ADDITIONAL DETAILS | |
BUYER'S BROKERAGE COMPENSATION | 2.50 |
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LOT | 6399 sq ft |
LOT DIMENSIONS | 6400.00 |
SEWER | Public Sewer |
STORIES | 2 |
WATER | Public |
ZONING | R2 |
TOTAL MONTHLY PAYMENT
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Based on information from MLSListings MLS as of 5/14/24 3:04 PM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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