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Listed by Steve Zirelli • Cornish & Carey Commercial
$ 1,200,000
Est. payment /mo
Active
3085 William Avenue Redwood City, CA 94063
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
HOA Y/N No
Year Built 1950
Lot Size 2,932 Sqft
Property Sub-Type Duplex
Source Datashare MLSListings
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
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Schools
School District Sequoia Union High, Redwood City Elementary
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