Redwood City, CA 94063,62 Winslow Street
$1,750,000
$1,800,000
2.8%
Est.Price: ?

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3,686 SqFt

62 Winslow Street Redwood City, CA 94063

Est. payment /mo
SOLD DATE : 03/06/2024

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Key Details

Sold Price $1,750,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,686 sqft

Price per Sqft $474

MLS Listing ID ML81949532

Sold Date 03/06/24

HOA Y/N No

Year Built 1957

Lot Size 4,500 Sqft

Property Description

62 Winslow Street offers an investor a unique opportunity to acquire a well-maintained property strategically positioned near the heart of booming downtown Redwood City. The building sits on a 4,500 SF Lot with 3,686 SF of rentable space. The complex benefits from an attractive unit mix of (1) Two-Bedroom/ One-Bath Unit and (4) One-Bedroom / One Bath Units. The 2-bedroom unit and one of the 1-bedroom units was recently extensively renovated. The property has dual pane windows throughout the entire building and an onsite Laundry Facility. Strong in-place rents providing day-one Cap Rate of 5.69%. All tenants enjoy a large common area patio space that offers a new owner add-value opportunity with enhanced amenities. Tenants also benefit from 5 private garage spaces. 62 Winslow is in a fantastic location only a short walk from all the attractive amenities of downtown Redwood City.

Location

State CA

County San Mateo

Area Listing

Zoning Mult

Interior

Heating Natural Gas

Cooling None

Fireplace No

Exterior

Parking Type Attached

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 052262130

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Bridge MLS
Listed by Matthew Thomson • Newmark Cornish & Carey
Bought with LarryAikins

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