Listed by Andrew Pak - DRE #01877208 - EQ1 408-912-7670
$2,015,000 affordable loan icon Calculate Payment

E Street Street Colma, CA 94014

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Single Family Residence
8 Beds
3 Baths
3,151 Sq. Ft.
0.09 Acre Lot

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Last updated on 11/21/2024 4:02 AM
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 f...or 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. Tenants pay for their utilities, leading to a cap rate of 5% at the list price of $2,015,000. 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. Continue reading
MLS#
ML81984874
Property Type
Single Family
Status
Bedrooms
8
Bathrooms
3 Full
Year Built
1910
Square Feet
3,151 sq. ft
Lot Size
0.09
Sewer
Public Sewer

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Listed by Andrew Pak - DRE #01877208 - EQ1 408-912-7670
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/21/2024 4:02 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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