970 Magnolia Ave, Millbrae, California, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$6,485,000

970 Magnolia Ave
Millbrae, California, United States

Listed By: Realtyww Info

Listed On: 05/23/2023

Listing ID: GL10426915 View More Details

Description

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.

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Listed by: Compass