East Palo Alto, CA 94303,2206 Lincoln ST
$1,470,000
Est. payment /mo
$1,499,999
2.0%
Est.Price: ?

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7 Beds
5 Baths
2,980 SqFt
SOLD DATE : 09/21/2018

Key Details

Sold Price $1,470,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,980 sqft

Price per Sqft $493

MLS Listing ID ML81715142

Sold Date 09/21/18

Bedrooms 7

Full Baths 5

HOA Y/N No

Year Built 1920

Lot Size 0.252 Acres

Property Description

INVESTORS COME RUNNING. THIS IS TYPE OF PROPERTY YOU HAVE BEEN SEARCHING FOR. VERY PROFITABLE AIR B&B. AIR B&B PROVIDES THE TENANTS SO THERE ARE ONLY VERY SHORT PERIODS OF VACANCY. THE BEDROOMS ARE RENTED OUT INDIVIDUALLY AND THE TENANTS ARE COMPRISED OF STUDENTS OR INDIVIDUALS WORKING NEARBY. BONUS TO THIS PROPERTY IS THAT YOU CAN BUILD AN ADU, UP TO 1000 SQUARE FEET TO EARN EVEN MORE INCOME, IMPRESSIVE FINANCIALS THAT PROVIDES A HIGHER CAP RATE THAN MOST PROPERTES IN THE BAY AREA. DRIVE BY ONLY. TERMITE, ROOF, PROOERTY INSPECTIONS COMPLETED. OFFERS ARE SUBJECT TO INSPECTION.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R10006

Interior

Heating Central

Cooling None

Fireplace No

Exterior

Garage Guest

Garage Spaces 2.0

Garage Description 2.0

Roof Type Composition

Parking Type Guest

Attached Garage No

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

New Construction No

Schools

School District Other

Others

Tax ID 063186020

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Weda Gray • Legacy Real Estate & Associates
Bought with Jack Dent • Coldwell Banker Residential Brokerage

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Max Chuong Thai

+1(323) 309-3423

Agent | License ID: 02134406

Agent License ID: 02134406

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