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Listed by Kelly Griggs • Coldwell Banker Realty
$ 3,198,000
Est. payment | /mo
2,728 SqFt
$ 3,198,000
Est. payment | /mo
2,728 SqFt
Open House
Fri May 01, 12:00pm - 1:30pm
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,728 sqft
Price per Sqft $1,172
MLS Listing ID ML82045253
HOA Y/N No
Year Built 1898
Lot Size 5,775 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
A rare opportunity to acquire a charming, well-maintained six-unit multifamily property in the heart of Downtown Palo Alto. Assets of this character and caliber, in this location, simply do not come to market often. Situated in prime Downtown Palo Alto, 525 Hamilton Avenue offers investors the durable income of a fully leased building and long-term appreciation that define this irreplaceable market. This incredible six-plex provides a compelling investment in a market where land scarcity and exceptional tenant demand have historically driven consistent impressive values. Strong in-place rents with meaningful upside offer relative value that is increasingly difficult to find in this zip code. Steps from University Avenue, Stanford University, and the region's premier tech employers, this property has an unbeatable location. Don't miss!
Location
State CA
County Santa Clara
Interior
Heating Electric
Cooling None
Fireplace No
Appliance Refrigerator
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Paul LeJoy
Broker-Owner | Lic# 01467744