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Additional details
Listed by Steve Zirelli • Cornish & Carey Commercial, DRE#01929245
$1,200,000
Est. payment /mo
4 Beds
2 Baths
1,020 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,020 sqft
Price per Sqft $1,176
MLS Listing ID ML82039860
Bedrooms 4
Full Baths 2
Year Built 1950
Lot Size 2,932 Sqft
Property Sub-Type Duplex
Property Description
3085 & 3087 William Avenue is an excellent opportunity for an investor or owner-occupier to acquire a prime Redwood City Duplex. Both homes are Two-Bedroom / One-Bath Units and currently occupied with tenants paying great rents on a month-to-month basis. Both tenants are currently on a RUBS program (Ratio Utility Billing System), allowing the landlord to recapture a significant amount of expenses that are billed directly through Special Assessments on the Property Tax Bill this makes the cash flow for a Landlord even more attractive. Both homes have carport parking in the rear which offers the ability to create private patios / yards. The property is in close proximity to all the dining, shopping & entertainment amenities of Downtown Redwood City. Strategically located between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula. The area has experienced significant expansion, with an influx of major technology companies and a thriving downtown core. In recent years, downtown Redwood City has undergone a significant transformation, solidifying its status as a premier destination for businesses, residents, and visitors. Easy access to highways 84, 101, 280.
Location
State CA
County San Mateo
Area Dumbarton Etc.
Zoning Multi-Family
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Carport
Utilities Available Public Utilities
Roof Type Composition
Building
Story 1
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Individual Water Meter, Public
Level or Stories 1
Others
Tax ID 060-082-420
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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