Commercial property
Listing Agent: Neel Bhatia (DRE #01464424) · Listing Office: Coldwell Banker Realty · Contact: (925) 935-7100 · Bought with: Neel Bhatia · Coldwell Banker Realty · MLS #ML81947226 · Source: CRMLS
SELLER FINANCED SALE! Ride Out the Current High Interest Rate Environment for the next Four Years and Assume a 4.25% INTEREST ONLY note with only 28% Percent Down Needed! Loan of $2,000,000 Must be Assumed and is Due on October of 2027. Strong In Place income of over $160K! Many Remodeled Units! New Commercial Water Heater, Great Tenants, 100% Occupied. 1946 Ivy Street is Located in a Prime San Mateo/Mid Peninsula Location on a Quiet Tree Lined Street Just South of Downtown. Must See to Appreciate! Seller Open to Wait for Buyer to Conduct 1031 Exchange.
Listing description from the January 2024 sale, as reported to CRMLS.