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.
MLS# | ML81969787 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1965 |
Days On Site | 92 |
Listing Provided By | Chico and Tamy Realty (408) 509-3280 | Jatinder Bhullar |
SQ Feet | 5,600 |
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Zoning | C2 |
Acreage | 0.16 |
State | CA |
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County | Santa Clara |
City | San Jose |
Zip Code | 95110 |
Area | 699 Not Defined |
Listing VS Median (in 95110) | |
Price: $2,300,000 low | high Med: $799,000 SqFt: 5,600 low | high Med: 1,133 $ / SqFt: $411 low | high Med: $705 On Site: 92 low | high Med: 43.000000 |