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JLee Broker

[email protected] +1(650) 857-1000

Listed by Rachid Atie, DRE #02095614 • SC Properties

$1,995,000

Est. payment - /mo

2,740 SqFt

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,740 sqft

Price per Sqft $728

MLS Listing ID ML82066028

Year Built 1948

Lot Size 5,309 Sqft

Property Sub-Type Fourplex

Source MLSListings, Inc.

Property Description

SC Properties exclusively presents 221 Paramount Drive, Millbrae, a well-maintained four-unit multifamily investment opportunity in one of the Peninsulas most desirable rental markets. The property features four (1)one-bedroom, (1) one-bathroom units, a recently replaced roof, and a well-kept exterior, offering investors a combination of existing rental income and immediate upside potential. With one unit currently vacant, a new owner has the opportunity to lease the unit at current market rates and increase the property's overall rental income. Conveniently located near Downtown Millbrae, BART, Caltrain, SFO, and major highways, 221 Paramount Drive presents an attractive opportunity for investors seeking stable cash flow, rental upside, and long-term appreciation in a strong Peninsula rental market.

Location

State CA

County San Mateo

Area Millwood

Zoning res

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Carport

Utilities Available Public Utilities

Roof Type Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Tax ID 021-276-040

Special Listing Condition Not Applicable

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Nearby School & Business

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JLee Broker

+1(650) 857-1000

Broker License ID: 00851314

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221 Paramount DR Millbrae, CA 94030

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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