541 4th Avenue Pending

San Bruno,CA 94066

$ 1099888

5 Beds

4 Baths

1900 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,900 sqft

Price per Sqft $578

MLS Listing ID ML81979561

Bedrooms 5

Full Baths 4

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1939

Lot Size 5,000 Sqft

Property Description

New, transparent price! Cash or finance. Empty house ready for buyer! Income property with an 8 percent cap rate that pays for itself. Rare opportunity to own a home with such high rentals return at this price. The homeowner has used this home to live in and is an income property. He has 3 little ones and living on the construction site is no longer workable. He looks for further investments and is excited to see the next owner finish what he started and see profits immediately. Some cosmetics work to bring to completion is done without the liberty of permits but well-built structures. Now that it's vacant expected to move fast. Interest rates dropping, and housing soaring don't miss out on this great opportunity. Bring your contractor! This opportunity in San Bruno's Belle Air Park is unique and large. 5 bedrooms and 4 baths (one is a converted garage). Disclosures available now. The walls are straight and the floors are level, the current owner made these changes including a bonus room, addition, and ADU with kitchen, bed, and full bath. Inspections are done. The buyer verifies square footage (county says 860 but the seller has added on). Rental Income Main House 3600 ADU 3000 Garage 950 Studio 1650 =$9050 per month

Location

State CA

County San Mateo

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate,Tile

Fireplace No

Appliance Dishwasher,Gas Range,Microwave

Laundry Dryer,Washer

Exterior

Parking Type Off Street

Private Pool false

Building

Lot Description Regular

Foundation Slab

Water Public

Architectural Style Traditional

Schools

School District San Mateo Union High,San Bruno Park Elementary

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