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Key Details
Sold Price $1,035,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,488 sqft
Price per Sqft $695
MLS Listing ID ML81952771
Sold Date 03/15/24
HOA Y/N No
Year Built 1960
Annual Tax Amount $13,125
Lot Size 4,791 Sqft
Property Description
"Exceptional Investment Opportunity! This duplex, situated within walking distance of the future Bart Station, promises significant positive transformations in the surrounding neighborhood. This duplex is very unique in that it is nested in a single-family neighborhood, making it an ideal choice for an owner-occupied unit with the other available for rental. Both units are 2-bed/1-bath, offering market rents in the range of $2500 to $2600 per month. This duplex has 2-Water Meters, a rarity in San Jose, allowing tenants to independently cover their water usage. The back carport, originally a garage, only requires the addition of walls. There is lots of parking potential and perhaps the possibility of adding an ADU. This duplex is conveniently located near Highway 101, 280, and 680, as well as downtown San Jose's vibrant restaurant and nightlife scene. It also offers easy access to public transportation with a short walk to Santa Clara St. bus system which provides extensive connectivity to shopping centers and a short bus ride to San Jose State University. This duplex it an excellent investment for both first-time homebuyers seeking to owner-occupy and savvy investors eyeing a lucrative opportunity. Don't miss out on this prime investment with promising future prospects!"
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R2
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile, Wood
Fireplace No
Appliance Gas Oven
Exterior
Garage Carport
Carport Spaces 2
View Y/N No
Roof Type Composition
Accessibility None
Parking Type Carport
Total Parking Spaces 4
Building
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Schools
School District San Jose Unified
Others
Tax ID 46706050
Financing Conventional
Special Listing Condition Standard
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Bought with Paulo Oliveira • Statewide Real Estate Services