$1,200,000
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… Read More 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. Read Less
Property listed by Cornish & Carey Commercial, Steve Zirelli 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Property Type
Duplex
Square Ft.
1,020
Lot Size
0.07 Acres
Year Built
1950
MLS Number
ML82039860
Additional Details
Building
Built in 1950, Living area: 1020.0, 1 building, 1 storey
Cooling
None
Accessibility Features
None
Expenses
Insurance: $2,000, Maintenance: $2,000, Other Expense: $276
Foundation
ConcretePerimeter
Heating
WallFurnace
Income
Gross ScheduledIncome: $73,345
Lot
0.0673 acres
Parking
1 carport spaces, 1 total parking spaces, Carport
Roof
Composition
Sewer
PublicSewer
Taxes
Parcel Number: 060082420, Annual Amount: $16,180, Zoning: Multi-Family
Utilities
Water Source: Public
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Michael Harby
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Listing Information © California Regional MLS. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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