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.
81 days
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254
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4
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Zillow last checked:
Listing updated:
Listed by:
Adam Foley02144332408-893-8063,
CBRE, Inc.408-453-7400
Source: MLSListings Inc,MLS#: ML82049442
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Heating
Wall Furnace
Cooling
Ceiling Fan(s)
Appliances
Laundry: Coin Operated
Features
Flooring: Laminate, Tile
Doors: None
Interior area
Total structure area: 13,483
Total interior livable area: 13,483 sqft
Property
Parking
Parking features: Assigned, Carport
Has carport: Yes
Accessibility
Accessibility features: None
Lot
Size: 0.28 Acres
Details
Parcel number: 045061120
Zoning: Multifamily
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Five Or More Units, Residential Income