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"EXCELLENT INVESTMENT OPPORTUNITY"
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Keller Williams Realty
Keller Williams Realty - Gateway |
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| Dale Warfel |
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Email Dale |
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Cell: |
408-624-6202 |
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Fax: |
408-583-3681 |
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Address:
125 Duane Street
Type: Multifamily
Style: Triplex "All units fully rented"
Bedrooms: 7 "1-3BR unit, 2-2BR units"
Bathrooms: 3 "Each Unit has 1 Full Bath"
Garage: n/a "Off Street Parking"
Basement: Yes, Partial "Owners Unit only"
Size: 2,368 sq. ft. "2 Buildings"
Lot Type: Rectangular
Lot Size:
6880 sq. ft.
Year Built: 1962
MLS®: 80921756
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SHORT SALE APPROVED AT $445,000.
What More could You Ask For?
Front Unit is a 3 bed / 1 bath unit. Units in back are 2 bed / 1 bath.
These units have been updated with Dual Pane Windows and High Efficiency Central Heating and Air Conditioning Systems.
The estimated CAP Rate at the current asking price is 6.81 if property is reassessed (i.e. property taxes adjusted to be 1.25% of SHORT SALE APPROVED price).
The estimated GRM is 9.64 if reassessed as mentioned above..
These units are in an excellent location, close to downtown San Jose businesses and shopping, San Jose State University, and Hwy 280, 680, 87, and 101. |
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Separate Owners Unit
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Dual Pane Windows in All Units
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High Efficiency Central Heating and Air Conditioning in All Units
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Fully Rented
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GREAT CASH FLOW!
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Exterior Finish
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Heating
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Roof
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Sewer/Water Systems
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Appliances
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▪ Dishwasher
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▪ Microwave
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▪ Oven Range
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Extra Features
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Cooling
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