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Listed by Robert Johnston • Marcus & Millichap
$2,250,000
Est. payment /mo
2,764 SqFt
UPDATED:
10/16/2024 01:52 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,764 sqft
Price per Sqft $814
MLS Listing ID ML81983780
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1951
Lot Size 5,769 Sqft
Property Description
615 Rollins Rd is a stunning 4-unit multifamily asset located in the thriving city of Burlingame, California. Situated on a 5,769 square foot parcel of land, the subject property was originally constructed in 1951 and has a gross building area of approximately 2,7644 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property also offers tenants convenient amenities such as private covered parking and on-site laundry. Burlingame is strategically located between San Francisco and San Jose. The city is well situated and offers an ideal climate in a robust and successful community and region. The city offers a vibrant business and retail environment with several major shopping centers and an active downtown area. Many notable attractions in the city include the many street retailers lined along the popular parallel retail streets Broadway Ave and Burlingame Ave. The investment appeal of this asset is driven by Burlingame's strong employment fundamentals, low vacancy levels, and moderate climate. With a world-class location in the heart of the Peninsula, 615 Rollins Rd presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining & entertainment options.
Location
State CA
County San Mateo
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Building
Water Public
Schools
School District San Mateo Union High, Burlingame Elementary
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James Dye
Broker Associate | License ID: 00897803
Broker Associate License ID: 00897803