Waverly St Multi-Family FOR SALE


Menlo Park, CA
$5,300,000 USD
650-274-5227
, Menlo Park, CA for Sale
$5,300,000 USD
Multi-Family - FOR SALE
1/2
null | 1.8% 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

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.