103 Tennyson Avenue, Palo Alto, CA 94301

$2,988,000
3,371
SqFt

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List Price
$2,988,000
Status
ACTIVE
MLS#
ML82052706
Days on Market
83
Property Type
Triplex
Living Area
3,371
Lot Size
7,500

Property Description

103 Tennyson Ave is a premier triplex multifamily investment opportunity located in the thriving city of Palo Alto, California. Situated on a 7,500 square foot parcel, the subject property was originally constructed in 1970 and features approximately 3,371 square feet of gross building area, offering beautifully designed two-bedroom floor plans. The property consists of one flat and two townhome-style units, each with private detached garage parking and its own private patio or deck. Ideally positioned within walking distance of Stanford University, 103 Tennyson Ave benefits from Palo Alto's exceptionally strong rental market, high demand, and premium rental rates. Known for its historic neighborhoods, vibrant shopping, dining, entertainment, and cultural attractions, Palo Alto was recently ranked #6 on Livability's "Top 100 Best Places to Live" in America. The investment appeal is further strengthened by the city's strong employment base, low vacancy rates, and prime Silicon Valley location, providing residents with convenient access to prestigious schools, major employers, and an abundance of lifestyle amenities.

Additional Information

Year Built
1970
School District
Palo Alto Unified
Cooling
Ceiling Fan(s)
Heating
Wall Furnace

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Calculator source: Real Geeks

Listing courtesy of Adam S. Levin from Marcus & Millichap

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