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62 Winslow Street Redwood City, CA 94063
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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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Bought with LarryAikins