481 Lincoln Cir
Commercial Sale

481 Lincoln Cir

481 Lincoln Circle, Millbrae, CA 94030

$3,895,000

Pride of ownership.

Satisfy your 1031 by years end. Seven units located in the most sought after location for multi family in Millbrae. The unit mix, six 2/1.5 units and one 3/2 unit. Six of the units are Townhouse style units featuring lower level living room, dining room, kitchen, one half bath then, upstairs full bath and bedrooms. Rents are significantly below market rate and all leases are month to month. The building has been well maintained through the years and features a new roof installed in 2008. The laundry for the building features owned Maytag units in excellent condition. Walking distance to downtown, close to parks and Millbrae recreation center, Caltrain, Bart and San Francisco. In addition to the 7 units there's an additional studio, compliance not warranted with 1/4 bath and extra storage. Seven car carport for Tenant's use and an abundance of street parking, if needed.

10,371 Sq.Ft. LIVING AREA

Greg Terry

Greg Terry

Features & Amenities

Area & Lot

  • Status Commercial Sale
  • Living Area10,371 Sq.Ft.
  • TypeOther
  • YEAR BUILT1969

Exterior

  • Garage Space7

Financial

  • Sales Price$3,895,000

Work With Us

With an expertise in negotiating and marketing, Greg Terry is trusted to guide clients through transactions to fulfill their real estate needs. Don't hesitate to contact Greg today!