VALUE ADD FOUR-PLEX ON LARGE LOT, IN CENTRAL SILICON VALLEY!
This well maintained property offers an excellent unit mix with upside potential and reliable tenants! The building consists of 4,339 SqFt of living space on a 9,204 SqFt lot with (1) 3 bed/2 bath owners unit, (2) 2 bed/2 bath units and (1) 2 bed/1 bath unit.
All units have been updated over time, they offer double paned windows, wall AC, ceiling fan(s), a large kitchen with bar area open to the dining area, a private courtyard (Unit 1 and 2) or a balcony with a shade structure (Unit 3 and 4), an attached garage with washer/dryer hookups and more. Six (6) additional on site parking spots as well as on street parking are available for tenants and/or guests. Units are individually metered for electricity and gas.
A lot of improvements and repairs have been made to appeal to an astute investor, including an extensive remodel of recently vacated unit #3 to allow it to be rented at market rate, new landscaping and brand new steel, automatic garage doors.
Ideal, central location offers easy access to major freeways (Hwy 17, 85 & 280). Walking distance to public transportation (VTA/Light Rail), shopping, restaurants and more.
The condition of the property, the potential for financial upside and it being priced at 5+% Cap Rate will ensure that this property will not be on the market long!
DON’T MISS OUT! Alert your Investors NOW!
Text Mattie at 408-460-4272 for more information on how to schedule a showing.
