$ 3,100,000
-
$3,100,000
Price -
0
Bed - Bath
-
5,944
SqFt
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About the Listing ML5009331 - ML5100314,ML5100317
True turnkey apartment building in excellent Redwood City location. Attractive Unit Mix: (2) Two-Bedroom / One Bath Units & (5) One-Bedroom / One-Bath Units. Four of the seven units are renovated. Several recent capital improvements including New roof, upgraded electrical meeting current insurance requirements, new catwalk, new exterior paint, new drainage & new water heater. Day One 4.53% Cap Rate (true Cap Rate w/ fair underwriting). Zero deferred maintenance. Outstanding west Redwood City location walking distance to Whole Foods. All tenants have extra storage space and sufficient parking. Close proximity to all the high-end shopping, dining and entertainment amenities of robust & booming downtown Redwood City. Easy access to Woodside Road and Highways 101 & 280. One of the strongest rental submarkets on the Peninsula led by a high-class tenant profile paying premium rents.
Listing Highlights for 146 Madison Ave
Status
Active With Contingency
Days on Site
86
Property Type
Commercial Sale
MLS ®
ML82016541
Year Built
1958
Total Square Footage
5,944
Lot/Acreage
N/A
County
San Mateo
Area
699 - Not Defined
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: R3
- Roof: Composition,Shingle
- Others:
- Sewer:
Financial Details
- Tax Amount: $34,376
- Taxes w/Assessments: N/A
- Tax/Property ID: 053063150
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
146 Madison Ave Redwood City, CA 94061
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