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$1,788,888
Est. payment /mo
1 Bed
1 Bath
4,054 SqFt
UPDATED:
10/29/2024 05:21 AM
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,054 sqft
Price per Sqft $441
MLS Listing ID ML81984959
Bedrooms 1
Full Baths 1
Year Built 1898
Lot Size 4,627 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 Central San Jose
Zoning CO
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Exterior
Garage Other
Utilities Available Natural Gas
Roof Type Composition,Shingle
Building
Foundation Other
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 249-46-034
Security Features Security Alarm
Special Listing Condition Not Applicable
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Listed by Jerry Zang • Coldwell Banker Realty