1220 Sixth Ave - Apartments FOR SALE


Belmont, CA 94002
$2,798,950 USD
650-996-3711
1220 Sixth Ave, Belmont, CA for Sale
$2,798,950 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

1220 Sixth Ave
Belmont, CA 94002


OVERVIEW

This is a great Seven-unit apartment building with a mix of two-bedroom, one-bedroom, and studio units. There is a two-car carport with ample open parking for the other units. Approved for a 50-foot-high unit apartment. Great location in the heart of Belmont's Business District. Steps from Safeway, City Hall, Police, Fire Department, Twin Pines Senior and Community Center, Walking Trails, and great shops and restaurants. Ground-floor units with ample parking and visibility.

FOR SALE DETAILS

PRICE

$2,798,950 USD

PRICE/SF

$960 USD /SF

# OF UNITS

6

PRICE/UNIT

$466,492

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C2, Belmont

APN/PARCEL ID

045-181-090

ASK ABOUT THIS PROPERTY

Gabriel De ArmeroGolden Gate Sotheby's International RealtyMore Info
650-996-3711

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Gabriel De ArmeroGolden Gate Sotheby's International RealtyMore Info
650-996-3711

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.