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About the Listing ML6043498 - ML5108517
1205 Geraldine Way (the Property) is a multifamily asset built in 1969 situated on a 0.28 acre lot and comprised of twelve (12) units. The Property features a unit mix of eleven (11) one-bedroom/one-bathroom floorplans and one (1) two-bedroom/ one-bathroom floorplan. The Property interiors have been nicely renovated as tenants moved out, and recent capital improvements include: New roof, attic insulation & new double-paned windows for improved energy efficiency and comfort, new electrical subpanels, SB 721 compliance, sewer lateral replacement, and more. The Propertys premier location in Belmont generates premium rents and strong demand from renters backed by high-tech salaries. This Property offers investors the rare opportunity to acquire an investment property in one of the most sought-after residential communities on the San Francisco Peninsula. Perfectly situated near Interstate 280, Highway 101, Highway 92, & Highway 82, this asset is just moments away from major employers such as Meta, Oracle, Electronic Arts, Salesforce, & Visa, as well as the Stanford Medicine Outpatient Center in neighboring Redwood City. In addition, the Property is within walking distance to Lunardis and Safeway and moments away from additional dining/shopping options in Downtown Belmont.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Commercial Sale
MLS ®
ML82049442
Year Built
1969
Total Square Footage
13,483
Lot/Acreage
0.28
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: Multifamily
- Roof: Shingle
- Others:
- Sewer:
Financial Details
- Tax Amount: $71,845
- Taxes w/Assessments: N/A
- Tax/Property ID: 045061120
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1205 Geraldine Way Belmont, CA 94002
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