About 217 Madison Avenue
Great Starter Investment! Multi Unit Residential Building in very Convenient Location. Walk to Whole Foods, Starbucks and Redwood City Downtown entertainment, Shops and Restaurants, Bus and Train Station nearby. Value of Two 2 Bedroom apartments plus a Spacious 4 Bedroom 3 Bathroom ground floor Unit big enough for extended family and friends. Convenience of 3 Garages plus extra storage space and Coin Laundry Room. The large ground floor unit Produces 2 Rent payments and the upstairs Two 2 Bedroom Units Produces 2 more Rent payments! Excellent annual gross income.. And there is Solar on the Roof Save$! Great Income! And Price Just Reduced! (What can be better than retirement income and a place to live in future?)
Features of 217 Madison Avenue
| MLS® # | ML82013379 |
|---|---|
| Price | $1,888,000 |
| Bedrooms | 8 |
| Bathrooms | 0.00 |
| Square Footage | 3,783 |
| Acres | 0.12 |
| Year Built | 1969 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Style | French/Provincial |
| Status | Active |
Community Information
| Address | 217 Madison Avenue |
|---|---|
| Area | 699 - Not Defined |
| City | Redwood City |
| County | San Mateo |
| Zip Code | 94061 |
Amenities
| Parking | Gated |
|---|---|
| # of Garages | 3 |
| Garages | Gated |
| View | City Lights |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Electric Oven, Refrigerator, Vented Exhaust Fan |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Foundation | Concrete Perimeter |
|---|
School Information
| District | Other |
|---|
Additional Information
| Date Listed | August 27th, 2025 |
|---|---|
| Days on Market | 65 |
| Zoning | R |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Karl Dresden |
|---|---|
| Office | Terrace Associates |