1401 Cherrywood Drive
San Mateo, CA 94403
Sq. Feet 12,125
$2,680,000
The Gustavson Group of Compass Commercial is please to announce the exclusive representation of this turn-key duplex in San Mateo.
Beautifully renovated Duplex with two units each having 2-bedroom/2-bathooms ready for top tier tenants or owner buyer. Immaculate interiors for both units. New stainless steel GE appliances, W/D in units included, disposal, dishwashers, quality counter tops, wood floors, fireplaces, attached 2 car garages, plenty of closet space and storage in the kitchen, and primary bedroom has the second bath. Unit 3311 has just finished a complete remodel. Units are equipped with ADT alarm. Quiet neighborhood to enjoy the wildlife visiting the open space behind the duplex. The convenience of shops, restaurants and a grocery store are just 3 blocks away. Move into this duplex and have your tenants pay the mortgage. This is the income property what you have been waiting for!
Cap Rate: 2.25% NOI: $56,117 Livable Sq. Ft: 3,550
Built in 1964 2 units Lot Sq. Ft: 13,600