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Bill Truong

sellbybill@gmail.com +1(510) 821-0755

Listed by Steve Zirelli • Cornish & Carey Commercial, DRE#01929245

$ 1,200,000

Est. payment | -/mo

4 Beds

2 Baths

1,020 SqFt

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$ 1,200,000

Est. payment | -/mo

Save

4 Beds

2 Baths

1,020 SqFt

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

NEARBY SCHOOLS & PROPERTIES

+1(510) 821-0755

sellbybill@gmail.com

39465 Paseo Padre Parkway # 1500, Fremont, CA, 94539, United States

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3085 William AVE Redwood City, CA 94063