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Listed by Matthew Thomson • Compass
$ 1,500,000
Est. payment | /mo
2,470 SqFt
$ 1,500,000
Est. payment | /mo
2,470 SqFt
Open House
Thu Sep 10, 11:00am - 1:00pm
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,470 sqft
Price per Sqft $607
MLS Listing ID ML82059555
HOA Y/N No
Year Built 1969
Lot Size 7,150 Sqft
Property Sub-Type Duplex
Source Datashare MLSListings
Property Description
TWO TURNKEY HOMES ON ONE LOT! NO SHARED WALLS! FULLY RENOVATED WITH LARGE PRIVATE YARDS! Incredible opportunity for investor or owner-occupier in highly sought after Friendly Acres Neighborhood. Excellent Unit Mix: (1) 3-Bedroom / 2-Bath Home & (1) 2-Bedroom / 1-Bath Home. Tenants pay ALL utilities! The fully renovated homes are only connected by a garage. The front home has a large private fenced front yard, and the rear home has a large private fenced back yard. Excellent in place rents deliver great cash flow - 4.04% Cap Rate Day One for investors. Turnkey homes create excellent owner-occupier acquisition on a quiet, tree-lined street in close proximity to dining, shopping & entertainment amenities of downtown Redwood City and quick access to highways 101,84,280.
Location
State CA
County San Mateo
Interior
Heating Natural Gas
Cooling No Air Conditioning
Fireplace No
Building
Water Public
Schools
School District Sequoia Union High, Redwood City Elementary
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