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Listed by Jerry Zang • Coldwell Banker Realty
$1,688,888
Est. payment /mo
1 Bed
1 Bath
4,054 SqFt
UPDATED:
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 $416
MLS Listing ID ML81984959
Bedrooms 1
Full Baths 1
Year Built 1898
Lot Size 4,627 Sqft
Property Sub-Type Five or More Units
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 increase the rental income. Recently just completed remodeled the down stairs vacant unit 2.
Location
State CA
County Santa Clara
Area Central San Jose
Zoning CO
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Exterior
Parking Features 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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