Take advantage of an incredible investment opportunity in beautiful Palo Alto! This well-maintained triplex offers 2 bedrooms and 1 bathroom per unit, each unit with oak hardwood flooring, washer/dryer hook-ups, individual furnace, hot water tanks, and meters. The open and spacious main living area of each unit offers large sunny windows and a flexible layout. The back opens into the kitchen, bath, and second bedroom. Each unit provides plenty of storage space with two large walk-in closets, coat/linen closet, and bathroom storage.
Each kitchen includes refrigerator, range, and pantry with built-in shelving. A side door off each kitchen is convenient for recycling and refuse disposal. A large enclosed back patio has lush landscaping including a prolific camellia and tropical plants, and a semi-enclosed potting shed is perfect for storing tools or hobby equipment. An enclosed lawn in the front offers greenery and three beautiful weeping white birches. The back unit has washer and dryer.
A welcoming portico and bright flowers in masonry planters at the front entry of each unit create a charming invitation, and white lilies along the side perimeter of the property offer lovely curb appeal. A dedicated covered carport per unit and additional spaces in front allow for ample parking. Long-term tenants residing in the two front units create a perfect home ownership/tenant arrangement, or rent out all three units for a profitable investment. Conveniently located near El Camino, CalTrain, and downtown Palo Alto, this triplex is a perfect opportunity to begin or add to your real estate investing.
- 2 bedrooms in each unit
- 1 bathroom with tub in each unit
- 2 walk-in closets per unit
- Small enclosed front lawn
- Full size pantry in kitchens
- Side door from each kitchen
- Open spacious front living areas
- Tenants pay all utilities except water
- 2 front units occupied with long-term tenants
- Separated bedrooms in each unit create privacy
- Separate furnace, hot water tank, and meter per unit
- Oak hardwood flooring and basboards in living space
- Dedicated cover car port per unit plus additional parking
- Large enclosed back patio with mature plants and potting shed
- Own an investment property in popular Palo Alto or make minor upgrades to move in or arrange equity share
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