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181 Alexander Avenue

San Jose, CA 95116
  • $1,400,000
  • STATUS: Active
  • ON SITE: 170 Days
  • ID#: ML81914846
Price Reduced
UPDATED: 46 min ago
$1,400,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,206
    SQFT
  • $437
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

School District:
Listing Agent(s): Ian Batra of Trajectory Real Estate ((408) 417-0776)


Description

Amazing opportunity to buy a four unit building at a great cap rate . Massive potential to upgrade units and generate more income . This well-maintained 4 unit building has a large lot and off street parking. Comfortable loft -style units . Close to 680 and 101 this property gives great access to all of the bay area including jobs, shopping and entertainment. With both 2 and 1 bed units the building offers desirable and in demand rentals.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-03T22:28:51.47. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/135419472
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181 Alexander Avenue San Jose, CA 95116

  • Price: $1,400,000
  • Status: Active
  • On Site: 170 Days
  • Updated: 46 min ago
  • ID#: ML81914846
0
Beds
0
Baths
0
½ Baths
0.15
Acres
3,206
SQFT
$437
$/SQFT
1962
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
School District:
Other
Property Description
Amazing opportunity to buy a four unit building at a great cap rate . Massive potential to upgrade units and generate more income . This well-maintained 4 unit building has a large lot and off street parking. Comfortable loft -style units . Close to 680 and 101 this property gives great access to all of the bay area including jobs, shopping and entertainment. With both 2 and 1 bed units the building offers desirable and in demand rentals.
Exterior Features

Carport Spaces 3 Carport YN Yes Foundation Details Slab Parking Features CarportOff Street Parking Total 1 Roof Tar/Gravel

Interior Features

Accessibility Features None Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 4.11 Garage YN No Gross Scheduled Income 79200 Insurance Expense 2268 Listing Agreement Exclusive Right To Sell Maintenance Expense 1200 Other Expense 0 Property Sub Type Quadruplex Special Listing Conditions Standard Tax Annual Amount 12687 Trash Expense 2148 Water Source Public Zoning Rm



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-03T22:28:51.47. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Ian Batra of Trajectory Real Estate ((408) 417-0776)