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$3,198,000
Est. payment /mo
5,776 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82045253
HOA Y/N No
Year Built 1898
Annual Tax Amount $39,415
Lot Size 5,776 Sqft
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 consistently 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
Area 699 - Not Defined
Zoning CDC
Interior
Heating Electric
Cooling None
Fireplace No
Exterior
Carport Spaces 2
Roof Type Composition
Total Parking Spaces 2
Building
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Palo Alto
School District Palo Alto Unified
Others
Tax ID 12003065
Special Listing Condition Standard
Virtual Tour https://www.525hamilton.com
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Listed by Kelly Griggs Coldwell Banker Realty #01812313
Nearby Locations
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