Description
Excellent investment opportunity in Redwood City! This fully occupied four plex features four spacious 2-bedroom, 1-bath units totaling approximately 2,992 sq. ft. on an approximately 5,000 sq. ft. lot. All four units are occupied by long-term tenants on month-to-month agreements with a history of timely rent payments, offering immediate rental income along with future flexibility for the new owner. The property features a detached 4-car garage, separate gas and electric meters, and a convenient two-story configuration. Ideally situated on the Mid-Peninsula with convenient access to major employment centers, transportation, shopping, and surrounding Bay Area communities. Whether you're looking to expand an investment portfolio or acquire a multi-unit property in Redwood City, this home offers an opportunity to own a fully occupied income-producing property with established tenancy.
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8BEDS
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0.12ACRES
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4BATHS
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01/2 BATHS
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2,992SQFT
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$652$/SQFT
School Ratings & Info
Listed by Jaime Raul Gonzalez of Envision Real Estate & Loans, Inc: (510) 862-6716.
Description
Excellent investment opportunity in Redwood City! This fully occupied four plex features four spacious 2-bedroom, 1-bath units totaling approximately 2,992 sq. ft. on an approximately 5,000 sq. ft. lot. All four units are occupied by long-term tenants on month-to-month agreements with a history of timely rent payments, offering immediate rental income along with future flexibility for the new owner. The property features a detached 4-car garage, separate gas and electric meters, and a convenient two-story configuration. Ideally situated on the Mid-Peninsula with convenient access to major employment centers, transportation, shopping, and surrounding Bay Area communities. Whether you're looking to expand an investment portfolio or acquire a multi-unit property in Redwood City, this home offers an opportunity to own a fully occupied income-producing property with established tenancy.
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