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$ 1,450,000
Est. payment /mo
Open Thu 12PM-1PM
1036 Dodge Drive Redwood City, CA 94063
5 Beds
2,470 SqFt
Open House
Thu Oct 29, 12:00pm - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,470 sqft
Price per Sqft $587
MLS Listing ID ML82059555
Bedrooms 5
HOA Y/N No
Year Built 1969
Lot Size 7,150 Sqft
Property Sub-Type Duplex
Property Description
PRICE IMPROVEMENT - 4.22% CAP RATE DAY ONE!! 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
Zoning R200
Interior
Heating Natural Gas
Cooling No Air Conditioning
Fireplace No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Sequoia Union High
Others
Tax ID 055034290
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Listed by Matthew Thomson • Compass