Description
Introducing the San Mateo Residential Portfolio a rare opportunity to acquire a strategically located, easily managed set of multi-residential properties in the heart of Downtown San Mateo. The portfolio includes three single-family homes and a cottage, all tenant-occupied on month-to-month leases, providing immediate income with flexibility. Professionally managed by a reputable local firm, the three contiguous parcels span nearly one acre of R2-zoned land with strong redevelopment potential (buyer to verify). Situated just steps from Central Park, Caltrain, top-rated dining, boutique shopping, theaters, banks, fitness centers, and freeway access, the location offers unmatched convenience. Downtown San Mateo is experiencing rapid growth and revitalization, making this an ideal opportunity for investors seeking long-term value, passive income, and future development upside in one of the Peninsula's most dynamic markets. ***Note: All homes in this portfolio are currently Tenant occupied - "Please kindly do not disturb" Thank you!***
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12BEDS
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0.58ACRES
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0BATHS
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01/2 BATHS
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2,030SQFT
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$3,202$/SQFT
Description
Introducing the San Mateo Residential Portfolio a rare opportunity to acquire a strategically located, easily managed set of multi-residential properties in the heart of Downtown San Mateo. The portfolio includes three single-family homes and a cottage, all tenant-occupied on month-to-month leases, providing immediate income with flexibility. Professionally managed by a reputable local firm, the three contiguous parcels span nearly one acre of R2-zoned land with strong redevelopment potential (buyer to verify). Situated just steps from Central Park, Caltrain, top-rated dining, boutique shopping, theaters, banks, fitness centers, and freeway access, the location offers unmatched convenience. Downtown San Mateo is experiencing rapid growth and revitalization, making this an ideal opportunity for investors seeking long-term value, passive income, and future development upside in one of the Peninsula's most dynamic markets. ***Note: All homes in this portfolio are currently Tenant occupied - "Please kindly do not disturb" Thank you!***
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Listing courtesy of Leon D'aquino of RE/MAX Gold Redwood Shores.: .