Redwood City, CA 94063,62 Winslow ST
Redwood City, CA 94063,62 Winslow ST
Redwood City, CA 94063,62 Winslow ST
Redwood City, CA 94063,62 Winslow ST
Redwood City, CA 94063,62 Winslow ST
Redwood City, CA 94063,62 Winslow ST
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$1,750,000

$1,800,000

2.8%
Est.Price: ?

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Est. payment /mo

4,499 Sqft Lot


SOLD DATE : 03/06/2024

Key Details

Sold Price $1,750,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81949532

Sold Date 03/06/24

HOA Y/N No

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

Fireplace No

Exterior

Roof Type Composition

Total Parking Spaces 5

Building

Water Public

Schools

School District Other

Others

Tax ID 052262130

Security Features Security Lights

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Matthew Thomson • Newmark Cornish & Carey
Bought with Larry Aikins • Terrace Associates
agent-avatar

+1(805) 242-2114

alana@soldbyalanaking.com

Paso Robles, CA, 93446, USA

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