1742 Gum St

Pending $629,000
Residential Income
Bedrooms Bathrooms 0.0
Sqft. 9999 Lot Sqft. 4000
City San Mateo Zip Code 94402
Year Built 1952 Stories 2
MLS # 80928680
Short sale. Great Investment property. Remodeled interior. Newer kitchen & baths in both units. Each unit has 1 car attached garage and own laundry area inside. Because of short sale status Buyer is advised to satisfy himself with all the aspects regarding the property. Please do not disturb the Tenants. Terms & fees are subject to lender approval. WHB Solutions will be handling the Short sale.

Location

Directions El Camino to 17th Ave. Turn left on Gum Street
Cross Street 17th Avenue
Zip Code 94402
City Limits 1
Zoning R200
Lot Description Level Lot
Lot Size Area 4000.0000
Lot Size Units SF

Building

Square Footage 9999
Age 58
Year Built 1952
Levels 2 Stories
Heating System Wall Furnace
Gas Heat
Cooling System No Cooling
Roof Other
Floor Covering Tile
Wall to Wall Carpeting
Hardwood
Linoleum or Vinyl
Foundation Concrete Perimeter & Slab
Water Sources City/Public Water
Complex/Park Features Common Patio

Features

Laundry Facilities Gas Hookup in Laundry Area
Laundry Area - In All Units
Meters on Site Individual Electric Meter
Sewer/Septic System Sewer in & Connected
Special Information Call L/A Before Writing Deposit
Capitalization Rate -0.9020000000
Tenant Pays Gas
Water
Heating
Hot Water
Cable TV
Electric
Garbage

Exterior

Garage/Parking Garage - Private (Multi-Res)
View Neighborhood View

Units

Number of Buildings 1
Number of Units 2 Units
Types Of Units 1 Bedroom Unit(s)
2 Bedroom Unit(s)
Total Number of Units 2
Number of Beds in Unit 1 2
Number of Baths in Unit 1 1.00
Number of Beds in Unit 2 1
Number of Baths in Unit 2 1.00

Multipliers / Income

Gross Scheduled Income 3250
Gross Rent Multiplier 193.54
Gross Annual Income 3250
Gross Annual Income Includes Rents
Laundry Income 0
Net Income -5676
Rental Income 3250
Rent for Unit 1 1700
Rent for Unit 2 1550

Expenses

Annual Operating Expenses Other
Garbage Expense 0
Insurance Expense 150
Landscape Expense 0
Maintenance Expense 0
Management Expense 0
Utility Expenses 0
Water/Sewer Expense 0
Total Expenses 8926
Courtesy of: Linda Wei, Re/Max Today Reil_ble