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1565 Main Street

Santa Clara, CA 95050
  • $4,100,000
  • STATUS: Active
  • ON SITE: 134 Days
  • ID#: ML81854064
UPDATED: 18 min ago
$4,100,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Description

This apartment portfolio offers 10 units as a two-story building totaling 5,891 SF. This asset has an outstanding geographic location near Santa Clara University, and San Jose International airport in a suburban area. It is on a .62 acre lot with 5 covered & 5 uncovered parking spaces. Featuring eight 1 bedroom, 1 bathroom units and two 2 bedroom 2 bathroom units, an on site laundry facility, and high speed internet. This complex is 100% fully occupied. This is a great investment opportunity for a new owner, eager to get into a growing market. The property is in great condition because of extensive care by the current owners. Again, the asset is fully occupied, in high demand and will continue to be sought after in this growing market.

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Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-11-28T14:37:33.903.

www.stevebhalla.com/homes/119420210
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1565 Main Street Santa Clara, CA 95050

  • Price: $4,100,000
  • Status: Active
  • On Site: 134 Days
  • Updated: 18 min ago
  • ID#: ML81854064
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1957
Built
Neighborhood:
All Other Counties/States
County:
Santa Clara
Area:
All Other Counties/States
Property Description
This apartment portfolio offers 10 units as a two-story building totaling 5,891 SF. This asset has an outstanding geographic location near Santa Clara University, and San Jose International airport in a suburban area. It is on a .62 acre lot with 5 covered & 5 uncovered parking spaces. Featuring eight 1 bedroom, 1 bathroom units and two 2 bedroom 2 bathroom units, an on site laundry facility, and high speed internet. This complex is 100% fully occupied. This is a great investment opportunity for a new owner, eager to get into a growing market. The property is in great condition because of extensive care by the current owners. Again, the asset is fully occupied, in high demand and will continue to be sought after in this growing market.
Exterior Features

Parking Description Spaces - Assigned Parking Spaces Total 5 Roof Composition Shingles

Interior Features

All Units Have Refrigerator Bedrooms Unit1 1 Bedrooms Unit2 2 Flooring LaminateTile Heating Wall Furnace Laundry Coin Operated

Property Features

Annual Gross Sched Income 219880 Annual Taxes 46783 Annual Utility Expense 8931 Building Type Other City Transfer Tax No Hoa YN No Net Operating Income 118646 Operating Expenses ElectricMaintenance/RepairTrash Removal Rent Unit1 1695 Rent Unit2 1995 Tenant Pays ElectricGas Tot Bldg Sq Ft 5891 Water Sewer Water - Public Zoning R336

Listing courtesy of Chris Alston of Keller Williams Realty-Silicon Valley.


Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-11-28T14:37:33.903.

 
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