Search

Leave a Message

Thank you for your message. We will be in touch with you shortly.

Explore Our Properties

Property Description

Philip Batlin represented both the seller and the buyer of 621 Wessex Way, an 8 unit apartment building in Belmont. Instead of a 1031 exchange, the owners chose seller financing: a smaller down payment from the buyer, monthly interest income for the sellers, and capital gains tax spread out instead of due all at once at closing. Philip negotiated the financing terms. The sale closed in March 2019 at $4,470,000.

Read the full story

Overview

Property Status
Sold
Date Sold
February 28, 2019
Lot Size
8,363 Sq.Ft.
Property Type
Other
Year Built
1957

Features & Amenities

Sales Price
$4,470,000

Downloads

8 unit apartment building at 621 Wessex Way, Belmont

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 621 Wessex Way, Belmont, CA 94002

8 Units
Navigate

I'm Interested In

8 Units

or
  • CallPhilip Batlin

    License #01873218

    (415) 625-2189
  • Follow Us On Instagram