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Residential Income - 1036 Dodge Drive, Redwood City, CA

$1,500,000

1036 Dodge Drive, Redwood City, CA

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Description

TWO TURNKEY HOMES ON ONE LOT! NO SHARED WALLS! FULLY RENOVATED WITH LARGE PRIVATE YARDS! Incredible opportunity for investor or owner-occupier in highly sought after Friendly Acres Neighborhood. Excellent Unit Mix: (1) 3-Bedroom / 2-Bath Home & (1) 2-Bedroom / 1-Bath Home. Tenants pay ALL utilities! The fully renovated homes are only connected by a garage. The front home has a large private fenced front yard, and the rear home has a large private fenced back yard. Excellent in place rents deliver great cash flow - 4.04% Cap Rate Day One for investors. Turnkey homes create excellent owner-occupier acquisition on a quiet, tree-lined street in close proximity to dining, shopping & entertainment amenities of downtown Redwood City and quick access to highways 101,84,280.

Property details

Square feet
2,470
Year built
1969
Property type
Residential Income
Lot size
7,150 sqft

Location

1036 Dodge Drive • Redwood City, CA 94063

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Listed by

Matthew Thomson · Compass

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