Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
11,816
Prominently displayed amid Millbrae's most coveted row of multi-family residential buildings, 970 Magnolia Avenue boasts unparalleled access to the shops and restaurants of downtown Millbrae, as well as transportation and highly ranked schools. Behind the buildings stately facade are Twelve (12) sizable and well appointed residential units, some of which have benefitted from recent upgrading... A fantastic opportunity to add a pride of ownership property to your portfolio! Here are some attractive elements of this offering: 12 Units (All are 2-BR, 1-BA), 6 Garage ParkingSpaces,Ample Additional On-Street Parking, 11,816 SqFt Building (per Tax Records), 15,400 SqFt Parcel (per TaxRecords), Built in 1950, Gross Rental Income: $371,733.48, 100% Occupied: Ten (10) tenants are currently month-to-month with two (2) tenants on existing leases.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
None
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
6
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.3535
-
Property Type
Residential Income
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$6,485,000
-
Tax Amount
12263.0
-
Sq. Footage
11, 816
-
Price/SqFt
$548
HOA
-
Association
No
School District
-
Elementary School
Other
-
Middle School
Other
-
High School
Mills
Property Features
-
Stories
3
-
Foundation Details
Concrete Perimeter
-
Sewer
Public Sewer
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
San Mateo
Elementary School
Other
Middle School
Other
High School
Mills
Listing Courtesy of Gregory Terry , Compass
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
FOUNDER
LinaMirza
Call Lina today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Related Properties
Millbrae
1007 Hemlock Avenue
None Beds
None Baths
9,350 Sq.Ft.
$5,478,000
MLS#: ML81916660
