This attractively priced fourplex boasts strong rents(monthly rent $9055) and a high in-place cap rate. Featuring four spacious two-bedroom, one-bathroom flats, with an excellent unit mix. Some units have been upgraded with new kitchen cabinets and granite countertops, while all benefit from dual pane windows throughout. Each unit averages 800 square feet, with Unit D boasting a remodeled bathroom and new flooring. Units A, B, and C come with brand new electric stoves. Additionally, each unit includes enclosed garages and ample street parking, with brand new garage doors installed. The property also offers an on-site laundry room for additional income. Conveniently located within walking distance of a Whole Foods anchored shopping center, and nearby tenants include Chick-fil-A, Peet's Coffee, Chipotle, and Office Max. Across from the Whole Foods Shopping Center lies Almaden Plaza, boasting over 60 retailers and services including Costco, Trader Joe's, TJ Maxx, and Ross.

• MLS: ML81962214
• Type: Fourplex
• Listed: 4/19/2024
• Schools: GS Dist: San Jose Unified District
  HS Dist: San Jose Unified District
• Year Built: 1963

Garage Parking Features Attached Garage On Street

Listing Class Residential Income (2-4 units)

General Features Cooling: Window / Wall Unit Existing Lease Term(s): Month to Month Heating: Wall Furnace Horse Property: No No of Stories: 2 Roof: Composition Security Features: None Sewer Septic: Sewer Connected Subclass: Fourplex Water: Public