Delaware St - 11 Units Apartments

This is an add-value opportunity and provides the savvy investor a chance to own this 11-unit apartment building located in the North Central portion of San Mateo near the Burlingame border. The structure consists of a 1980s garden-style two-story, wood-frame building with an exterior combination of stucco and T-11 siding and aluminum frame windows on a concrete foundation, situated on an 16,200 square foot parcel. The unit mix includes 8 one-bedroom, one-bath units, each approximately 850 square feet, and 3 two-bedroom, one-bath units approximately 1,000 square feet each. The property is configured in a U shape structure and embraces beautiful landscaping, easy access staircases, and welcoming guest parking spaces controlled by an electronic Vehicular entry gate. The property offers carport parking for 11 vehicles, plus open parking for 6 additional vehicles.