The Dore Team
FOR SALE
$3,180,000

1135 Rhinette Avenue
Burlingame, CA 94010

Multi-Family
Residence
6
Beds
3
Baths
5,599
Sq. Ft.
0.1377
Acre Lot
1of
Photos
Map
Courtesy: Justin Bautista - Newmark Cornish & Carey
Agent Websites> California> Burlingame> 94010
PRICE REDUCTION! Rare Opportunity to Purchase a Well-Maintained Building in Burlingame! 1 block off vibrant Broadway Avenue. This unique building includes a charming duplex built in 1909 and (4) 1 bedroom /1 bathroom apartments located at 1217 Laguna Avenue (all one parcel) that was built most likely built in the 1950's. The bottom floor of the duplex features a spacious 2 bedroom/1 bathroom unit with fireplace, large eat-in kitchen and private laundry room. The top floor offers a large 3 bedroom/1 bathroom with private balconies. The duplex has a new foundation and large basement. The (4) 1 bedroom/1 bathroom apartments have all been upgraded. Building has copper plumbing, newer electric, roof & exterior paint. Good in-place rents with upside potential. Outstanding financing available. Over 4% Cash on Cash Return. Also, ideal for owner occupier - convert the duplex into spacious 5 bedroom/3 bathroom SFR & rent out remaining 4 units. Homes in neighborhood sell for similar pricing.
ML81830209
Multi-Family, Other
6
San Mateo
3 Full
1909
0.1377 Acres
Water: Public
Sewer: Sewer - Public,Sewer Connected,Sewer in Street
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Justin Bautista - Newmark Cornish & Carey
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