1120 Elmer Street, Belmont, CA 94002
List Price: $1.68M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms · 2,516 sq ft
Property Type: ResidentialIncome
Year Built: 1953
Lot Size: 4,748 sq ft
Annual Property Tax: $24,693
MLS Number: ML82051468
About This Property
Incredible opportunity to acquire a rarely available Fourplex in downtown Belmont that offers significant add-value for a new owner, with one unit already vacant and another coming vacant soon. Renovate and achieve top market rents immediately! (4) One-Bedroom / One-Bath Units. Newly upgraded electrical system and new sewer lateral piping installed ($22k). Individual water heaters. Walking distance to Belmont Caltrain Station and Belmont Village Shopping Center. Walk Score: 88 (Very Walkable). Surrounded by major Life Science & Biotech Development Projects estimated to deliver 13,000 employees - high paying research, tech & life science jobs - potential future tenants! Close proximity to highly ranked schools including Carlmont High School (10/10 Rating). Ideal for owner-occupiers, value-add multifamily investors, small syndicators, 1031 exchange buyers, life-science workforce housing, and family offices.
Listing provided by: Matthew Thomson DRE #01471708 (415) 874-5000 matt.thomson@compass.com, Compass
Source: CRMLS, MLS #: ML82051468
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.