Restrictions: Age - No Restrictions, No Waterbeds, Pets - Not Allowed, Pets - Rules
Address: 2451 Middlefield RD
County: San Mateo
City: Redwood City
Neighborhood: Dumbarton Etc.
2451 Middlefield Road offers an investor the unique opportunity to acquire a prime apartment property in one of the healthiest and most attractive submarkets on the peninsula. The building consists of (10) one-bedroom/ one-bath units and (8) studios. The property is well maintained and benefits from multiple improvements including a new roof and sewer pipe to the street. Most unit interiors benefit from renovated bathrooms, kitchens, and in wall heaters. The building has an on-site laundry facility with washers & dryers. Rents are currently below market allowing a purchaser to add value immediately. 2451 Middlefield Road is strategically located with excellent visibility directly across a recently renovated Costco Wholesale in close proximity to various shopping, dining, and cultural amenities of the downtown area as well as several major development projects highlighted on the following two pages.