Redwood City, CA 94061,146 Madison AVE
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Redwood City, CA 94061,146 Madison AVE
Redwood City, CA 94061,146 Madison AVE
Redwood City, CA 94061,146 Madison AVE
Redwood City, CA 94061,146 Madison AVE
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Open 8/12 10AM-1PM

146 Madison AVE Redwood City, CA 94061

7,000 Sqft Lot


OPEN HOUSE

Tue Aug 12, 10:00am - 1:00pm

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82016541

HOA Y/N No

Year Built 1958

Annual Tax Amount $34,376

Lot Size 7,000 Sqft

Property Description

True turnkey apartment building in excellent Redwood City location. Attractive Unit Mix: (2) Two-Bedroom / One Bath Units & (5) One-Bedroom / One-Bath Units. Four of the seven units are renovated. Several recent capital improvements including New roof, upgraded electrical meeting current insurance requirements, new catwalk, new exterior paint, new drainage & new water heater. Day One 4.53% Cap Rate (true Cap Rate w/ fair underwriting). Zero deferred maintenance. Outstanding west Redwood City location walking distance to Whole Foods. All tenants have extra storage space and sufficient parking. Close proximity to all the high-end shopping, dining and entertainment amenities of robust & booming downtown Redwood City. Easy access to Woodside Road and Highways 101 & 280. One of the strongest rental submarkets on the Peninsula led by a high-class tenant profile paying premium rents.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 7

Roof Type Composition,Shingle

Building

Water Public

Schools

School District Other

Others

Tax ID 053063150

Security Features Security Lights

Special Listing Condition Standard


CRMLS – RECore
Listed by Matthew Thomson Compass
agent

Andrea Goyette

Agent | License ID: 02113148

+1(619) 559-5591

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146 Madison AVE