Listing Agent: Matthew Thomson      Broker/Office: Compass
1036 Dodge Drive Redwood City CA 94063
$ 1,500,000
  3   |    2   |    2470 Sq Feet

Listing ID

#ML82059601

Status

Active

Property Type

Single Family Residence

County

San Mateo

Year Built

1969

Days on website

3

Description
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 (1,126 SF) & (1) 2-Bedroom / 1-Bath Home (817 SF). 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
Financial Information
List Price:  $ 1500000
Property Features
High School District:  Other
Roof:  Composition, Shingle
Water Source:  Public
High School District:  Other
MLS Area Major:  699 - Not Defined
City:  Redwood City
Listed By:   Matthew Thomson   Compass 
Co-listed by
Steve Zirelli  
CA Lic#