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Listed by Kelly Griggs • Coldwell Banker Realty
$ 2,300,000
Est. payment | /mo
1,840 SqFt
$ 2,300,000
Est. payment | /mo
1,840 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,840 sqft
Price per Sqft $1,250
MLS Listing ID ML82039336
HOA Y/N No
Year Built 1931
Lot Size 2,432 Sqft
Property Sub-Type Triplex
Source Datashare MLSListings
Property Description
Exceptional investment opportunity in the heart of Downtown Palo Alto. Updated three unit building featuring three 1 bedroom, 1 bath units, each with refreshed kitchens and baths plus in-unit laundry for each. Two units enjoy private outdoor patios. One unit includes an attached garage for storage. Fully leased building with consistent, strong tenant demand. Ideally located just steps from downtown dining and shops, and less than a mile from Stanford University, Stanford Hospital and Stanford Shopping Center, plus easy commute to Silicon Valley tech companies. Its unmatched location and consistent tenant appeal make it a compelling choice for investors seeking reliable income and longterm upside in a great downtown Palo Alto location.
Location
State CA
County Santa Clara
Interior
Heating Electric, Forced Air, Wall Furnace
Cooling No Air Conditioning
Fireplace No
Schools
School District Palo Alto Unified, Palo Alto Unified
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745