601 Walnut, South San Francisco, CA 94080

Description

Why pay rent when you can own and have excellent tenants help you with mortgage payments? Build equity today and live in a fully-renovated 3 BR/2 BA unit for less than $3,000/Month, with proven rental income from 2 Easy-To-Manage Units. To Demonstrate: Put 20% Down, Finance 80% at 5.75% (Multi-Family Financing). Monthly Payment: $7,427.25. Collect $2,170 (1 BR) + $3,045 (2 BR) from 2 Units on Ground Floor = $5,215/Month While Living in a Fully-Renovated, Sun-Drenched 3 BR/2 BA House. Deduct $5,215 (Rent Collected) from Mortgage = $7,927.25. Net Monthly Payment (to Live in the Upstairs 3 BR/2 BA): $2,712.25/Month. All 3 Units (House & 2 Ground Floor Units) Completely Renovated by Licensed Contractors in 2018 and 2019. New Electrical, New Copper Plumbing, New Furnaces, New Kitchens, New Baths, New Tuff-Sheds in Backyard for Extra Storage. (1-Storage Per Unit). All 3 Units Consistently Rented for: $4,695+ (3 BR), $2,200+ (1 BR) and $3,200+ (2 BR) with Driveway Parking for each unit. Easy Access to Genentech and the Epicenter of Biotech/Life-Sciences Companies, as well as Kaiser, SF Airport, and other Silicon Valley Companies. 10-15 Minutes from Downtown San Francisco w/ Easy Access to 101 and 280. Don't Wait. This Deal Will Not Last.

Features

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• 0.12 Acres
• 1 Story