3085 William AVE, Redwood City, CA 94063

$1,200,000
4
BD
1,020
SqFt

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List Price
$1,200,000
MLS#
ML82039860
Status
ACTIVE
Zoning
Multi-Family
Sqft. of Residence
1,020
Lot Size
2,932
Listing Area
Dumbarton Etc.

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.

Additional Information

Cooling System
None
Foundation
Concrete Perimeter
Garage Parking
Carport
Heating System
Wall Furnace
Living Area
1,020
Lot Size
2,932
Neighborhood
Dumbarton Etc.
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
Multi-Family

Listing courtesy of Steve Zirelli, 650-224-3118 from Cornish & Carey Commercial
(If provided) CoList: Matthew Thomson from Compass

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