1401 Cherrywood Drive

1401 Cherrywood Drive

Available

San Mateo, CA 94403

$2,725,000 Marketing Sheet

The Gustavson Group of Compass Commercial is pleased to announce the exclusive listing of possibly the most luxurious duplex in all of The City of San Mateo. -- Located on a massive 12,125 square foot corner lot, directly across the street from Laurelwood Park; this duplex is comprised of two (2) 3-Bedroom/2-Bathroom units at 1,867 square feet of livable space each, along with a 445 square foot private two-car garage for each unit.   Both units have been fully remodeled, and are tenanted at $4,995/month each.  The tenants pay ALL utilities direclty. 

• 6 minutes (2 miles) to Hillsdale Shopping Center

3 minutes (1.0 miles) by car to restaurants, shops, and grocery on Hillsdale Blvd

Tenant pays all utilities

• Access from Laurelwood park

Near Hwy 280 and Hwy 92

Spacious residences

All stainless Appliances

Private back yards

Fireplaces

Cap Rate: 2.55% NOI: $69,499 Livable Sq. Ft: 4,625

Built in 1977 2 units Lot Sq. Ft: 12,125

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