Waverly St Multi-Family FOR SALE


Menlo Park, CA
$4,995,000 USD
650-274-5227
, Menlo Park, CA for Sale
$4,995,000 USD
Multi-Family - FOR SALE
1/2
null | 2.05% Cap Rate

Waverly St
Menlo Park, CA


HIGHLIGHTS

  • One-Time-Only Open House: Thurs 10/25, 10am to Noon
  • unit mix: 2 units 1-bedroom, 1-bath and 4 units 2-bedroom, 1 bath

OVERVIEW

PRICE REDUCED TO SELL. SEE HOW THIS COMPARES WITH THE SALES COMPARABLES IN OUR OM! Two separate, identical triplexes on adjacent lots that can be sold separately or together (462 & 472 Waverley Street). $2.65M each. Attractive unit mixes at each property: (2) Large Two-Bedroom / One Bath Units & (1) One-Bedroom / One-Bath Unit. Spacious layouts and NO SHARED WALLS between units creating a home-style living environment for tenants. All apartments benefit from in-unit laundry. Rear units are designed as Owner's Unit with oversized 2-bedroom layouts, dedicated dining areas, fireplaces, hardwood floors, French doors, and large private backyards. One tuck-under parking space per unit, with potential for additional tandem or off-street parking. Excellent add-value opportunity to increase rents over time with higher end interior renovations and converting tuck-under parking to ADU. Outstanding location less than a mile to downtown Menlo Park and Palo Alto with a "Biker's Paradise" score of 100! Feeds into prestigious Menlo Park School Districts. Open house tour of all units Thurs 10/24 from 10am to noon. One-time-only

ASK ABOUT THIS PROPERTY

Bryan DanforthCompass CommercialMore Info
650-274-5227

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Bryan DanforthCompass CommercialMore Info
650-274-5227

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.