Charming Three Unit Building in the Heart of Downtown P.A.

(Sold At)
$1,350,000
Sold
124

Property Details

4 3 0 Single Family

601 Webster Street, Palo Alto, CA 94301

Description:

This beguiling turn-of-the century Prairie Style home on this prime downtown corner has provided generations of residential and commercial residents with its enchanting spirit for living and working. Original details such as the board and batten exterior, dormered roof, fir floors, picture rails and graceful coved ceilings give this property irresistible appeal and excellent promise for conversion back to a delightful single family home. Gross Annual Income 601 Webster (2bd/1bath) = $1,950/month 608 Hamilton (Jr 1 bed/1 bath) = $1,275/month 600 Hamilton (studio) = $850/month 2 car garage = $200/ month $4,275/month = $51,300 gross annual income Three Units RM30 zoning 1,808 +/- sf interior Lot size 50’ x 110’ Possible conversion back to SFR Full basement Central downtown location Palo Alto schools Two bedrooms and bath unit - Large eat in kitchen - Living room - Fireplace - Beautiful hardwood floors - Picturesque covered porch Junior one bedroom unit - Full bath - Kitchen - Porch - Backyard garden Studio Unit - Full bath - Kitchen Detached 2 car garage