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About the Listing ML5009331 - ML5100314,ML5100317
Incredible opportunity to acquire a rarely available Fourplex in downtown Belmont that offers significant add-value for a new owner, with one unit already vacant and another coming vacant soon. Renovate and achieve top market rents immediately! (4) One-Bedroom / One-Bath Units. Newly upgraded electrical system and new sewer lateral piping installed ($22k). Individual water heaters. Walking distance to Belmont Caltrain Station and Belmont Village Shopping Center. Walk Score: 88 (Very Walkable). Surrounded by major Life Science & Biotech Development Projects estimated to deliver 13,000 employees - high paying research, tech & life science jobs - potential future tenants! Close proximity to highly ranked schools including Carlmont High School (10/10 Rating). Ideal for owner-occupiers, value-add multifamily investors, small syndicators, 1031 exchange buyers, life-science workforce housing, and family offices.
Listing Highlights
Status
Active
Days on Site
17
Property Type
Multi-Family
MLS ®
ML82051468
Year Built
1953
Total Square Footage
2,516
Lot/Acreage
0.11
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: C40000
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: Carport
Financial Details
- Tax Amount: $24,693
- Taxes w/Assessments: N/A
- Tax/Property ID: 040332080
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
1120 Elmer St Belmont, CA 94002
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