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221 Paramount DriveMillbrae, CA 94030

San Mateo County

$1,995,000List price
2,740Sq Ft
1948Year built
2 weeks agoOn market

Description

SC Properties exclusively presents 221 Paramount Drive, Millbrae, a well-maintained four-unit multifamily investment opportunity in one of the Peninsulas most desirable rental markets. The property features four (1)one-bedroom, (1) one-bathroom units, a recently replaced roof, and a well-kept exterior, offering investors a combination of existing rental income and immediate upside potential. With one unit currently vacant, a new owner has the opportunity to lease the unit at current market rates and increase the property's overall rental income. Conveniently located near Downtown Millbrae, BART, Caltrain, SFO, and major highways, 221 Paramount Drive presents an attractive opportunity for investors seeking stable cash flow, rental upside, and long-term appreciation in a strong Peninsula rental market.

Property Information

Property type
Residential Income
Sub-type
Quadruplex
Year built
1948
Living area
2,740 Sq Ft
Lot size
5,309 Sq Ft
Zoning
res
Days on market
16
MLS® Listing#
ML82066028

Property Features

Heating
Wall Furnace
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Parcel number
021276040
Bridge MLS logo

Listing Courtesy: SC Properties

Presented by: Rachid Atie

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Connect with a Local Real Estate Expert

  • Albert Sanchez

    Sales Representative

    EXIT Realty Consultants (Modesto North)

  • Jerri Matoza

    Sales Representative

    EXIT Realty Consultants (Modesto North)

  • Karla Coronado

    Sales Representative

    EXIT Realty Consultants (Modesto North)

  • John Hertle

    Associate Broker

    EXIT Realty Consultants (Modesto North)

  • Kris Klair

    Broker of Record

    EXIT Realty Consultants (Modesto North)