3085 William Avenue, Redwood City, CA 94063
- $1,200,000
- 1,020
- SqFt
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- ML82039860
- Year Built
- 1950
- Living Sq. Ft
- 1,020
- Lot Size
- 2,932
- Acres
- 0.07
- Days on Market
- 174
- Property Type
- Multifamily
- 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.
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Additional Information
- Taxes
- $16,180
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $73,345
Listing courtesy of Listing Agent: Steve Zirelli (szirelli@aranewmark.com) from Listing Office: Cornish & Carey Commercial.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.