$1,800,000
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62 Winslow ST Redwood City, CA 94063
4,499 Sqft Lot
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81949532
Year Built 1957
Annual Tax Amount $20,106
Lot Size 4,499 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 699 - Not Defined
Zoning Multifamily
Interior
Cooling None
Exterior
Roof Type Composition
Building
Water Public
Schools
School District Other
Others
Special Listing Condition Standard
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Bought with Larry Aikins • Terrace Associates