Duane Street Apartments 22 Duane St 6 Unit Apartment Building $5,531,078 CAD ($921,846 CAD/Unit) 3.80% Cap Rate Redwood City, CA 94062

Welcome to 22 Duane St. in Redwood City.¢ This true trophy property is located on arguably the best rental block in the entire city. Very rarely is a property in this location and condition available for purchase. The property features six units of which there are (3) 2 bedroom, 1 bath units and (3) 1 bedroom, 1 bath units. Two of them feature large outdoor living spaces and all units have a kitchen door that leads to a community bbq/picnic table area. All six units have been beautifully renovated including: upgraded electrical main and sub-panels, windows, kitchens, bathrooms, floors, etc.. This generational asset features six tuck under parking spaces plus uncovered parking and is located
just steps to downtown Redwood City and Caltrain. The A++ location and large light filled units have historically and consistently drawn a fantastic tenant base. This is a must see property. Could be a tremendous family compound or a can’t miss investment opportunity.