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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
Bedrooms 4
Full Baths 2
Year Built 1951
Lot Size 7,228 Sqft
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 So. San Francisco - Industrial
Zoning R20000
Interior
Heating Other
Cooling None
Laundry Washer / Dryer
Exterior
Parking Features Attached Garage, Gate / Door Opener, Off-Street Parking, On Street
Garage Spaces 2.0
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Composition,Shingle
Building
Story 2
Foundation Concrete Perimeter and Slab
Sewer Sewer Connected
Water Public
Level or Stories 2
Others
Tax ID 011-314-040
Security Features Other
Horse Property No
Special Listing Condition Not Applicable
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Bought with RECIP • Out of Area Office