Bought with Alicia Nardini • NuTerra Real Estate Group
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Key Details
Sold Price $1,675,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,230 sqft
Price per Sqft $751
MLS Listing ID ML81992837
Bedrooms 2
Full Baths 2
Half Baths 3
Year Built 1968
Lot Size 7,400 Sqft
Property Sub-Type Duplex
Property Description
PRICE IMPROVEMENT!!! Welcome to 818-820 Vera Avenue, Redwood City, CAa smart investment opportunity that combines the charm of residential living with the benefits of income generation. This duplex, spanning a generous 2,230 square feet, is thoughtfully designed to offer the comfort and privacy of two single-family homes. Unit 1: two bedroom/one bath/one car garage. Unit 2: three bedroom/two bath/two car garage. Situated on a spacious 7,400 square foot lot, this property features three well-appointed bathrooms, ensuring convenience and ease for all occupants. Each unit is currently occupied by long-term tenants, providing a steady rental income of $5,000 per month, well below market, making it an ideal choice for both investors and owner-occupiers seeking to maximize their return on investment. The layout of this duplex is perfect for those looking to enjoy the benefits of homeownership while capitalizing on the rental market. Whether you're an investor looking to expand your portfolio or a homeowner seeking additional income, 818 Vera Avenue offers the perfect blend of functionality and financial opportunity. Don't miss the chance to own a property that truly lives like two single-family homes in the heart of Redwood City. Do not disturb tenants. By appointment only.
Location
State CA
County San Mateo
Area Middlefield To El Camino Atherton
Zoning R2
Interior
Heating Forced Air
Cooling Central AC
Exterior
Parking Features Attached Garage
Garage Spaces 3.0
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Other
Building
Story 1
Foundation Concrete Slab
Sewer Sewer Connected
Water Individual Water Meter
Others
Special Listing Condition Not Applicable
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