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$2,300,000
Est. payment /mo
3 Beds
3 Baths
5,600 SqFt
UPDATED:
09/16/2024 04:34 AM
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $410
MLS Listing ID ML81969787
Bedrooms 3
Full Baths 3
Year Built 1965
Lot Size 6,970 Sqft
Property Description
Excellent Investment opportunity located in Downtown San Jose. Building has 4 residential units with all occupied by tenants that have resided for more than 5 years. Front 2 commercial units are a Laundromat and a Restaurant. Building benefits from being in close proximity to Freeways (280, 87) and Shopping centers. A turn key investment with stable income and yearly increases on commercial units. Grossing $150,000 a year. All information is deemed correct but not guarantied. Buyer to perform own due diligence. Seller would like to 1031 Exchange property at no cost to Buyer.
Location
State CA
County Santa Clara
Area Central San Jose
Building/Complex Name Almaden Building
Zoning C2
Rooms
Kitchen Cooktop - Gas
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Tile
Exterior
Garage Assigned Spaces
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Shingle,Other
Building
Foundation Concrete Perimeter, Crawl Space
Sewer Sewer - Public
Water Public
Others
Tax ID 264-38-016
Miscellaneous Security Gate
Security Features Security Fence
Special Listing Condition Not Applicable
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Listed by Jatinder Bhullar • Chico and Tamy Realty