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$ 1,688,888
Est. payment | /mo
4,054 SqFt
$ 1,688,888
Est. payment | /mo
4,054 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,054 sqft
Price per Sqft $416
MLS Listing ID ML81984959
HOA Y/N No
Year Built 1898
Lot Size 4,627 Sqft
Acres 0.11
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
Zoning CO
Interior
Heating Wall Furnace
Fireplace No
Exterior
Handicap Access Other
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 24946034
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Listed by Jerry Zang • Coldwell Banker Realty