1007 Hemlock AVE Active Save Request In-Person Tour Request Virtual Tour
Millbrae,CA 94030
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,350 sqft
Price per Sqft $585
MLS Listing ID ML81916660
Year Built 1985
Annual Tax Amount $63,545
Lot Size 0.253 Acres
Property Description
This completely renovated 11-unit apartment building offers the seasoned investor an opportunity to create the perfect tenancy in a low-maintenance newly renovated property. The building is offered vacant & ready for occupancy. Due to a 2020 electrical fire, the building was completely renovated, and most exterior & interior building components have been replaced including a new roof, stucco exterior, sheetrock, sprinklers, windows & doors, electrical systems, hot water heater & plumbing throughout. Lower walkways have fresh cement, upper walkways were refinished and sealed with waterproof coatings. The driveway has a fresh slurry seal, and the parking area has been re-striped. The apartments are all 2-Bedroom, 1 Bath units, ±850sf each and situated on a ±11,031sf, parcel zoned R-3. The building offers 11 carports + 6 guest parking spaces, an on-site laundry room & 12 storage closets. MLS income/expenses are estimated based on Nov 2022 appraisal.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R30000
Interior
Heating Electric
Cooling None
Flooring Laminate
Exterior
Garage Covered
Roof Type Composition,Shingle
Building
Lot Description Level,Paved
Story 3
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Special Listing Condition Standard