Prime multifamily investment opportunity near San Jose State University! This well-maintained 6-unit income property offers a desirable unit mix of four 2BR/1BA units and two 1BR/1BA units, with all six residential units active. Recent improvements include fresh exterior paint, a newer balcony, and double-pane windows, helping reduce near-term capital needs.… Read More The property also generates supplemental laundry income. Ideally located near SJSU, Downtown San Jose, shopping, dining, transit, and major commute routes, this property offers investors an established income stream with long-term upside in a high-demand rental market. An excellent opportunity to acquire a stabilized multifamily asset in the heart of Silicon Valley. Read Less
Courtesy of NextHome Axis Realty, Melinda Collins 408-854-0828
Listing Snapshot
Days Online
23
Last Updated
Property Type
Five Or More Units
Square Ft.
3,492
Lot Size
0.12 Acres
Year Built
1957
MLS Number
ML82062855
30 Days Snapshot Of 95112
$600k
-36%
(avg) sold price
5
-64%
homes sold
92
+109%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 5227.00, Max Area Units: Square Feet, Lot is 0.11999540863177 acres
Accessibility Features
Parking
Unit One
Rent: $2,100, 2 bedrooms
Unit Two
Rent: $1,800, bedroom 1
Building
3,492 structure square feet, Age: 69, Built in 1957, 1 building, 6 minimum units in complex
Cooling
None
Floors
Laminate
Foundation
Concrete Perimeter and Slab
Garage
Covered Parking
Water Features
Public
Heating
Wall Furnace
Tenant Pays
Utilities - Electric, Utilities - Gas
Miscellaneous
Total expenses: 41947
Property
Zoning: RM
Roof
Tar and Gravel
Security Features
Fire Alarm
Taxes
Annual tax amount: $16,142
Sewer
Sewer - Public
Utilities
Master Water, Separate Electric, Separate Gas, Public Utilities
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