Immaculate, Fully Leased Redwood City 4-Plex, steps from Red Morton Park!

706-710 Madison Ave
Redwood City, CA 94061

$1,325,000 


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  MLS # 81025377

0 Bedrooms - 0 Bathrooms
Car Garage
9800 Lot
Approx. year(s) old.

George Sudol
Bay Area Realty Services
Phone: 650-242-4079
E-mail: george@ba-realtyservices.com

ba-realtyservices.com/209047




All Information Deemed Accurate but not Warranted.

Wonderful, Fully Leased 4-Plex in a Great Redwood City neighborhood, a quick walk to Red Morton Community Park! This Modern and near-Mint condition property is perfect for an Investor or Owner-Occupant Buyer. The rear 3 units were built in the late 90's & all feature Open Floor plans w/Vaulted Ceilings, DP Windows, Granite Counters, Tile Flooring, and Private Garages. The rear unit is a Stunning 3Br/3Ba Owner's unit with Marble Entry, Hardwood Flooring, SS Appliances, Skylights, downstairs Bonus room w/wet bar, Inside Laundry, and 3-car attached garage. $7,950/month current rental income (7.1% Gross income Cap Rate at listed price; 5.4% Net Income Cap Rate)

Features:
Stove - Microwave - Dishwasher - Refrigerator - Washer - Dryer - Laundry Gas Hookup - Laundry Electric Hookup - Stone Walls - Original Features - Carpet - Ceramic Tile - Hardwood - Granite Countertops - Stainless Steel Appliances - Forced Air - Central Heating - Fireplace - Close Distance to Town/Shopping - Within 5 Miles from Park - Within 5 Miles from Town/City/Shopping - Lot: Level - Terrace - Garage (Attached) - Garage (Detached) - Breakfast Area/Nook - Living Room - Laundry Room - Bonus Room - Modern