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Listed by Sam Runco • Marcus & Millichap
$ 1,950,000
Est. payment | /mo
3,430 SqFt
$ 1,950,000
Est. payment | /mo
3,430 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,430 sqft
Price per Sqft $568
MLS Listing ID ML82002109
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1955
Lot Size 5,693 Sqft
Property Sub-Type Quadruplex
Property Description
Welcome to 1172 Clinton Street, a well-maintained 4-unit residential property in the heart of Redwood City. Each unit is a spacious 2-bedroom, 1-bathroom layout, providing an ideal living space for tenants seeking comfort and convenience. Every unit comes with its own covered carport parking space, ensuring off-street parking for tenants. Additionally, each unit features a private deck or patio. The property is separately metered for gas and electricity, which provides individual control for tenants' utility usage, while the owner is responsible for covering the water, sewer, and garbage expenses. The property includes an on-site laundry facility, adding convenience and additional value for tenants. With a low-maintenance setup, this property is poised for steady rental income and long-term value appreciation. Its location in Redwood City, a growing and highly desirable area in Silicon Valley, enhances its appeal to potential renters, making it a strong and stable investment for any real estate portfolio.
Location
State CA
County San Mateo
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Schools
School District Sequoia Union High, Redwood City Elementary
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Travis Hill
Real Estate Broker | Lic# 01247701