$1,330,000
$1,399,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
2,020 SqFt
SOLD DATE : 08/23/2024
Key Details
Sold Price $1,330,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,020 sqft
Price per Sqft $658
MLS Listing ID ML81966204
Sold Date 08/23/24
HOA Y/N No
Year Built 1951
Annual Tax Amount $17,522
Lot Size 7,226 Sqft
Acres 0.1659
Property Description
Exceptional investment opportunity In South San Francisco. 85-87 Chestnut Ave consists of two 2 bedroom, 1 bath units on an oversized 7,228sf (per assessor) parcel. Potential to add another ADU (buyer to verify with City). Extensive capital improvements and site work have been performed. Gas, Electric, and water are separately metered and paid by the tenants (trash as well) One unit is currently vacant allowing for immediate occupancy by an owner user, or the ability to re-rent at market rate. Ideal location that is walkable to both Downtown South San Francisco and Bart. Truly a turnkey investment opportunity.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R20000
Interior
Cooling None
Fireplace No
Exterior
Garage Gated, Off Street
Garage Spaces 2.0
Garage Description 2.0
View Y/N No
Roof Type Composition,Shingle
Accessibility Other
Parking Type Gated, Off Street
Total Parking Spaces 3
Building
Story 2
Water Public
Schools
School District South San Francisco Unified
Others
Tax ID 011314040
Financing Conventional
Special Listing Condition Standard
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