786 Elm Street, San Carlos, CA 94070

$8,750,000
List Price
$8,750,000
Status
PENDING
Closing Date
Sep 17, 2021
Year Built
1963
MLS#
ML81852268
Lot Size
19,417
Type
Commercial
Zip
94070
city
San Carlos

Property Description

RARE Opportunity....First time EVER on the market! Owners' father built this great apartment complex back in 1963 and it has been very well maintained since then. New roof in June 2017 with a white IB PVC single ply cool roof energy star title 24 compliant system installed by Bill Hamilton Roofing, Inc. at a cost of $69,000 plus another $5,500 for new gutter/downspouts. Solid and stable rental building with tenants here since 2006. Large, open and bright units with a central common courtyard and plenty of carport space in back with extra storage. Separate laundry room with 2 newer sets of washer/dryers. Walking distance to downtown Laurel St, City Center, Dog park, library, Excellent schools, public transportation, and more. Contact Broker for a disclosure package with the most recent financial statements and disclosures. For additional photos and aerial drone footage: https://www.flickr.com/gp/jyl8833/1YzX9W and http://www.786elm.com/

Additional Information

Building Type
Other
Zoning
R5
Acres
0.45

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Jonathan Lee from A 2 M Real Estate

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