62 Winslow ST, Redwood City, CA 94063
- $1,750,000
- 3,686
- SqFt
Listed by Matthew Thomson, 650-515-6555 from Newmark Cornish & Carey
(If provided) CoList: Steve Zirelli from Cornish & Carey Commercial
Sold listing courtesy of Larry Aikins from TERA
- Sold Price
- $1,750,000
- List Price
- $1,800,000
- Closing Date
- Mar 06, 2024
- MLS#
- ML81949532
- Status
- SOLD
- Sqft. of Residence
- 3,686
- Lot Size
- 4,500
- Listing Area
- Lenolt Etc.
- Year Built
- 1957
Property Description
62 Winslow Street offers an investor a unique opportunity to acquire a well-maintained property strategically positioned near the heart of booming downtown Redwood City. The building sits on a 4,500 SF Lot with 3,686 SF of rentable space. The complex benefits from an attractive unit mix of (1) Two-Bedroom/ One-Bath Unit and (4) One-Bedroom / One Bath Units. The 2-bedroom unit and one of the 1-bedroom units was recently extensively renovated. The property has dual pane windows throughout the entire building and an onsite Laundry Facility. Strong in-place rents providing day-one Cap Rate of 5.69%. All tenants enjoy a large common area patio space that offers a new owner add-value opportunity with enhanced amenities. Tenants also benefit from 5 private garage spaces. 62 Winslow is in a fantastic location only a short walk from all the attractive amenities of downtown Redwood City.
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Additional Information
- Age
- 66
- Cooling System
- None
- Days On Market
- Unknown
- Foundation
- Concrete Perimeter
- Garage Parking
- Attached Garage
- Heating System
- Gas
- Living Area
- 3,686
- Lot Size
- 4,500
- Neighborhood
- Lenolt Etc.
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Composition
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- Multifamily
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