No Rent Control Income Property Near Santana Row
Cash Producer with $130k+ Annual Income
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Exempt from San Jose rent control, this turn-key 6-plex in desirable Rose Garden is minutes to Santana Row, Santa Clara University and Downtown San Jose. Short walking distance to restaurants and shopping. Location is right at the hub of all major freeways. Fully occupied with historically low vacancy. All units are fully remodeled. All bathrooms have new plumbing. New double paned windows and refinished hardwood floors. Carport roof refinished in 2016. New asphalt overlay, storm drains & drainage. Attractive assumable loan available. Low maintenance and easy to manage. This investment with its proximity to proposed Google campus is poised for future appreciation.
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All One Bedrrom One Bath Units |
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Fully Remodeled Kitchens |
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New Stairs, Deck, Beautiful Natural Wood Facade |
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Covered Parking for all Units |
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3.78% CAP Rate |
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Resurfaced Carport |
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Refinished Wood Floors |
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Remodeled Bathrooms |
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MLS: |
ML81732689 |
Sq
Ft: |
3,100 |
Yr
Built: |
1955 |
Bdrms: |
6 |
Baths: |
6 |
Asking: |
$2,425,000
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Address: |
125 Topeka Avenue |
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San Jose, CA |
95128 |
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Poncetta Real Estate Group |
408-757-1007 |
[email protected] |
www.poncettarealestate.com |
Lic#:
CalBRE 01497030 |
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