1946 Ivy Street, San Mateo, CA 94403

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CommercialFor Sale

$2,998,000

1946 Ivy Street

San Mateo, CA 94403

Listed by: Neel Bhatia from Coldwell Banker Realty, 408-828-4024

MLS: MLSListings, Inc.

Est. Mortgage

$15,575/mo

SELLER FINANCED SALE in Prime San Mateo Location! Incredible, Below Market Loan of $2,000,000 fixed at 4.25% Interest Only Until June of 2027 allows for an Investor to Acquire a Well Taken Care of Six Unit Property with only 33% Down! Property is Currently Generating $153,244 in Annual Income. Building is a total of 6 Units, with Many Significant Upgrades Ranging from Remodeled Kitchens, & Bathrooms, New Commercial Water Heater, Strong Tenant Profile . Interest Only Loan Allows for Excellent Write Off & Positive Day 1 Cash Flow!

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Based on information from the MLSListings MLS as of 10/31/2024 10:16 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Information courtesy of Coldwell Banker Realty is subject to verification and is not guaranteed.

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