111-115 Northumberland Avenue

Redwood City, CA 94063

$1,500,000
Last Sold Price
Beds
2,280 Sq. Ft.
$658 / Sq. Ft.
2,280
Sq. Ft.
$658
per Sq. Ft.

Description

First time to hit the market in over 45 years; this is an amazing investment opportunity to own a 4-plex in desirable Redwood City. Two separate duplex structures on one lot; each of the 4 units offer 2 bedrooms, 1 bathroom, and is assigned two parking spaces located at the front of the property. All four units are occupied with good standing long-term tenants. Tenants enjoy a spacious shared outdoor patio. Each unit has a separate meter for electricity and gas. Easy access to HWY 101, downtown Redwood...First time to hit the market in over 45 years; this is an amazing investment opportunity to own a 4-plex in desirable Redwood City. Two separate duplex structures on one lot; each of the 4 units offer 2 bedrooms, 1 bathroom, and is assigned two parking spaces located at the front of the property. All four units are occupied with good standing long-term tenants. Tenants enjoy a spacious shared outdoor patio. Each unit has a separate meter for electricity and gas. Easy access to HWY 101, downtown Redwood City shops, and restaurants. Call today for additional information or showing options. Please do not disturb tenants.
  1. Listed by Noah Hurchanik • DRE #01767102 • Coldwell Banker Realty • 650-743-2126

Property Details for 111-115 Northumberland Avenue

MLS City Name
REDWOOD CITY
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
8

Location

Listing Courtesy of Coldwell Banker Realty, Noah Hurchanik, DRE #01767102

Sold By Prodesse Property Group, Michael Pierce, DRE #01190465

Add your commute
LISTING UPDATED: 05/19/2021 12:43 PM

Property Details for 111-115 Northumberland Avenue

StatusSold
MLS #ML81837631
Days on Compass11
Taxes$14,600 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1959
Lot Size0.13 AC / 5,550 SF
CountySan Mateo County

Location

Listing Courtesy of Coldwell Banker Realty, Noah Hurchanik, DRE #01767102

Sold By Prodesse Property Group, Michael Pierce, DRE #01190465

Add your commute

Building Information for 111-115 Northumberland Avenue

Stories1Residences4Year Built1959Building Size-Lot Size0.13 AC / 5,550 SF

Payment Calculator

$9,403 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$1,217

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 111-115 Northumberland Avenue

Features
External Links
  • Virtual Tour URL: www.111NorthumberlandAve.com
Features
  • Fireplace: No
  • Living SqFt: 2280
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Dumbarton Etc.
  • Roof: Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 111 & 115
  • Street Name: Northumberland
  • Street Suffix: Avenue
  • Area ID: 330
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 2
  • Structure SqFt: 2280
  • Structure SqFt Source: Other
  • Age: 62
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Corporation
  • Zoning Detail: R300S5
Location Information
  • Parcel Number: 054-261-100
  • County Name: San Mateo
  • City Name: REDWOOD CITY
  • City Postal ID: 50
  • Postal Code: 94063
  • Elementary School District: 935
  • High School District Text: Sequoia Union High
Lot Information
  • Foundation: Concrete Perimeter, Crawl Space, Raised
  • Horse Property: No
  • Lot Acres: .13
  • Lot Description: Grade - Level, Regular
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $14,600
  • Building Unit Total: 4
  • Capitalization Rate: 2.11
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $2,500
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $2,000
  • Expenses Other: $0
  • Expenses Utility: $2,500
  • Expenses Total: $21,600
  • Operating Expenses Include: Insurance, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 27.96
  • Income Annual Gross: $54,331
  • Income Annual Rental: $55,440
  • Income Gross Scheduled: $55,440
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,225
Unit 2 Information
  • Unit 2 Approx Square Footage: 570
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $1,075
Unit 3 Information
  • Unit 3 Approx Square Footage: 570
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 0
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,155
Unit 4 Information
  • Unit 4 Approx Square Footage: 570
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 0
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $1,165
Unit Type 1
  • Unit Type1 Approx SqFt: 570

Property History for 111-115 Northumberland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 111-115 Northumberland Avenue

This home is within Redwood City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 5 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Garfield Elementary School
PublicK to 8

John F. Kennedy Middle School
Public5 to 8

Woodside High School
Public9 to 12

Connect Community Charter
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Noah Hurchanik, DRE #01767102

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.