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2707 Marlborough Ave, REDWOOD CITY, CA – $1,798,000

  • $1.8M Price
  • 1,800 Sqft
  • .13 Acres
  • $1.8M Price
  • 1,800 Sqft
  • .13 Acres

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2707 Marlborough Ave

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. Call for details.

Essential Information

  • MLS® #ML81763743
  • Price$1,798,000
  • Square Footage1,800
  • Square FootageOther
  • Acres0.13
  • Year Built1924
  • TypeMulti-Residential
  • Sub-TypeTriplex
  • StatusActive

Community Information

  • Address2707 Marlborough Ave
  • AreaDumbarton Etc.
  • CityREDWOOD CITY
  • CountySan Mateo
  • StateCA
  • Zip Code94063

Amenities

  • Parking Spaces5

Utilities

Individual Electric Meters, Individual Gas Meters, Public Utilities

Interior

  • HeatingCentral Forced Air - Gas
  • CoolingNo Cooling
  • # of Stories1

Exterior

  • Lot DescriptionCorners Marked - No
  • WindowsDouble Pane Windows
  • RoofComposition Roof
  • FoundationConcrete Perimeter & Slab

Additional Information

  • ZoningR300

Listing Details

  • AgentZarine Batliwalla

Office

Better Homes and Gardens Real Estate JFF

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All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
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