MLS® ID: ML81763743

2707 Marlborough AVE

REDWOOD CITY, California, 94063

$1,798,000 Active
  • 1800 SQFT
Rare opportunity to invest in mid peninsula's dynamic Redwood City! Updated triplex features one bedroom/ one bath units all with washer/dryer, private yards and ample parking. Remodeled with new flooring, kitchens, bathrooms, paint and double pane windows. Situated on a large corner lot next to a lovely community garden. Fantastic investment, in the current low interest environment, with a current cap rate greater than 3% and a GRM of about 20. No rent control. The investment appeal of this asset is driven by an economically robust area, low vacancies and a high demand for employment and housing. Strategically located between San Francisco and Silicon Valley, a plethora of major employers, boundless opportunities for recreation and convenient access to 101 and 280 make this an attractive long term investment.. Redwood City enjoys a thriving revitalized downtown.Close to Cal Trains,the Sand Hill Corridor, Stanford,. Walk to downtown, Fantastic investment opportunity.
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Listing courtesy of Better Homes and Gardens Real Estate JFF

Amenities

  • Zip
    94063
  • Office name
    Better Homes and Gardens Real Estate JFF
  • SQFT
    1800
  • Property type
    Triplex
  • Zoning type
    R300
  • Year built
    1924
  • Lot size
    0.1337
  • Sewer
    Sewer - Public
  • Heating
    Central Forced Air - Gas
  • Agent name
    Zarine Batliwalla
  • Purchase Type
    Active
  • Price Range
    $1.75m-$2m
  • Square Feet Range
    1500-2000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    BHGJF
  • Agent ID
    199005502

Location

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