$1,190,000
$1,425,000
16.5%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Milpitas, CA 95035
2,992 SqFt
Key Details
Sold Price $1,190,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,992 sqft
Price per Sqft $397
MLS Listing ID ML81612579
Sold Date 12/14/16
HOA Y/N No
Year Built 1963
Annual Tax Amount $5,764
Lot Size 7,562 Sqft
Acres 0.1736
Property Description
Great opportunity to invest in a 4-Unit Apartment building in Milpitas. This fourplex currently has below-market rents. Owner will realize higher cash flow as soon as rents are at market rents. Seller will repair driveway or give Buyer credit. Buyer may also purchase another fourplex next door sharing the same driveway.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3S
Interior
Cooling None
Fireplace No
Exterior
Garage Carport
Carport Spaces 4
Roof Type Composition
Accessibility None
Parking Type Carport
Total Parking Spaces 2
Building
Story 2
Foundation ConcretePerimeter
Sewer PublicSewer
Water Public
Schools
School District Other
Others
Tax ID 08802007
Financing Conventional
Special Listing Condition Standard
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Bought with Melinda Collins • Songs Realty & Inv Co
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442