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$ 1,688,888
Est. payment | /mo
4,626 Sqft Lot
$ 1,688,888
Est. payment | /mo
4,626 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81984959
HOA Y/N No
Year Built 1898
Annual Tax Amount $23,333
Lot Size 4,626 Sqft
Property Description
Do not miss out this true cash cow. A great opportunity for investors who are seeking stronger stable cash flow and higher potential., this one is perfect fits your needs. Total 9 units . Front building : 7 units ; Rear unit: a single level detached duplex. Currently, 8 units are occupying by tenants. One unit is vacant. The subject is located in the upscale Hensley District, Improvements: Numerous upgrades, including foundation bolt upgrades for enhanced stability and safety. Utilities: Each init has separate water heater and PG&E Meter, ensuring efficient utility management. Cash flow: Excellent cash flow with potential increasing room. Roughly yearly rental income is $154,745. The cap rate is estimated at $4.99% with high potential to incease.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning CO
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Natural Gas Available
Roof Type Composition,Shingle
Building
Water Public
Schools
Elementary Schools Grant
School District San Jose Unified
Others
Tax ID 24946034
Special Listing Condition Standard
Listed by Jerry Zang • Coldwell Banker Realty