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1520 Middlefield Road, Redwood City, CA

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1520 Middlefield Road

Redwood City, CA 94063 - Staumbaugh Heller MF Submarket

Property Type:Multi-Family Number of Units:3 Status:Existing Year Built:1890
Stories:2 Building Size:1,500 SF Land Area:.12 AC (5,227 SF)
For Sale Price:$1,295,000 Price/Unit:$431,666.67 Cap Rate:5.88 % GRM:-

Parking:2.67 Parking Spaces / 1,000 SF

Property Description: TRIPLEX

Apartment Unit: $400-$500/month

Sale Notes:
This is a legal triplex consisting of three (3) 2bedroom/1bath units all fully occupied, well maintained and completely remodeled. A new exterior sewer line w/permits recently installed. Property offers immediate cash flow and upside potential being close to Downtown Redwood City.

Intero Real Estate Services
Michael L Orlando
(408) 440-5069

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