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Listed by Sam Runco • Marcus & Millichap
$1,795,000
Est. payment /mo
2,324 SqFt
Active
1401-1403 Cary Avenue San Mateo, CA 94401
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,324 sqft
Price per Sqft $772
MLS Listing ID ML81993977
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1950
Lot Size 5,500 Sqft
Property Sub-Type Duplex
Property Description
1401-1403 Cary Avenue in San Mateo is a well-maintained duplex situated on a spacious 5,479 SF lot, offering an excellent investment or owner-occupant opportunity. Built in 1950, the property features two updated units: a vacant 3-bedroom, 1-bathroom unit and an occupied 2-bedroom, 1-bathroom unit generating $3,300 per month in rental income. Both units have been thoughtfully upgraded with modern kitchens and bathrooms, providing contemporary comfort while maintaining the charm of the original construction. Each living room is highlighted with 12-foot ceilings and traditional fireplaces. With tenants responsible for all expenses, this property presents a low-maintenance income-producing asset in a desirable location.
Location
State CA
County San Mateo
Interior
Heating Natural Gas, Wall Furnace
Cooling No Air Conditioning
Fireplace No
Schools
School District San Mateo Union High, San Mateo-Foster City Elementary
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