751 & 761 Everett Avenue, Palo Alto
Tremendous Opportunity to Live In, Invest, or Build!
Whether you are looking to build your dream home or buy a tremendous investment property, this is the opportunity you have been waiting for. This property is located on a picturesque, tree lined street in the Crescent Park neighborhood of Palo Alto; yet, just a few blocks away to the many restaurants, cafes, parks and shops of Downtown Palo Alto. Great Palo Alto Schools: Addison Elementary, Jordan Middle, Palo Alto High. ( Buyers to verify)
As an investment, situated on a beautifully landscaped lot are 2 charming 1-bedroom, 1-bath bungalows with a shared two car garage and laundry. Projected rents for each of the vacant units is approximately $3,500 - $4,000 per month.
As an opportunity to build, per the city (buyers to verify)
- 5,000 s.f lot
- Zoned R1
- Max Floor Area 2,250 s.f.