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951-326-6818
Kelley & Guzman Group
221 Paramount Drive, Millbrae, CA 94030
- $1,995,000
- 2,740
- SqFt
- List Price
- $1,995,000
- Status
- ACTIVE
- MLS#
- ML82066028
- Year Built
- 1948
- Living Sq. Ft
- 2,740
- Lot Size
- 5,309
- Acres
- 0.12
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
SC Properties exclusively presents 221 Paramount Drive, Millbrae, a well-maintained four-unit multifamily investment opportunity in one of the Peninsulas most desirable rental markets. The property features four (1)one-bedroom, (1) one-bathroom units, a recently replaced roof, and a well-kept exterior, offering investors a combination of existing rental income and immediate upside potential. With one unit currently vacant, a new owner has the opportunity to lease the unit at current market rates and increase the property's overall rental income. Conveniently located near Downtown Millbrae, BART, Caltrain, SFO, and major highways, 221 Paramount Drive presents an attractive opportunity for investors seeking stable cash flow, rental upside, and long-term appreciation in a strong Peninsula rental market.
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Additional Information
- Taxes
- $8,000
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $70,488
Listing courtesy of Listing Agent: Rachid Atie (rratie@scpropsm.com) from Listing Office: SC Properties.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.