1120 Elmer Street
Property Overview
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.
Home Details
- Property type
- Residential Income - Quadruplex
- Year built
- 1953
- Living area
- 2,516 sq ft
- Lot size
- 4,748 sq ft
- Carport
- 4 spaces
- Stories
- 2
- Days on market
- 13
- MLS status
- Active
- Zoning
- C40000
Features & Amenities
Parking
- Carport
Security
- Security Lights
Community, Schools & Utilities
Community
- Annual property tax
- $24,693
Schools
- School district
- Other
Utilities
- Heating
- WallFurnace
- Cooling
- None
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 1120 Elmer Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
Get More Info
Crown Coastal Support Team
Direct support from our real estate team
Listing Agent
