352 Waverly St, Menlo Park, CA 94025

4 Unit Apartment Building | $3,450,000 ($862,500/Unit) | 3.77% Cap Rate | Menlo Park, CA 94025

Asking Price $3,450,000

Property Type: Multifamily
Square Feet: 4,156 SF

Listing Contacts

Property Info

Property Overview

ONE TIME ONLY Open House Wed 8/28, 10am -1pm.
Trophy Pride of Ownership Fourplex with High-End Renovations on Quiet Cul-De-Sac. Updated units, getting great rents, Turn-Key property. Numerous recent updates and improvements.

Property Details

Class: C
Year Built: 1955
Stories: 2
Lot Size (sq. ft): 8,712 SF
Units: 4

Highlights

Outstanding Unit Mix: (4) Large 1,000 SF Two-Bedroom / One Bath Units
Two Fully Furnished Units with Luxury Finishes (all to transfer with sale)
3 out of 4 Apartments Fully Renovated with In-Unit Washer & Dryer – The Other Unit is Extremely Clean and Tenants Have Access to a Private & Free Laun
Excellent Rental Income Producing Higher Cap Rate Than All Sales Comparables
True Turnkey Asset with No Deferred Maintenance
Brand New Square D Main Panel Electrical

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