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8-Bedroom Residential - 1260 Glacier Drive, Milpitas, CA

$1,650,000

1260 Glacier Drive, Milpitas, CA

1260 Glacier Drive, Milpitas, CA 95035 - $1,650,000 · 8 bd 4 ba Home for Sale, photo 1 1260 Glacier Drive, Milpitas, CA 95035 - $1,650,000 · 8 bd 4 ba Home for Sale, photo 2 1260 Glacier Drive, Milpitas, CA 95035 - $1,650,000 · 8 bd 4 ba Home for Sale, photo 3 1260 Glacier Drive, Milpitas, CA 95035 - $1,650,000 · 8 bd 4 ba Home for Sale, photo 4 1260 Glacier Drive, Milpitas, CA 95035 - $1,650,000 · 8 bd 4 ba Home for Sale, photo 5
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Description

PRICE IMPROVEMENT! If you're looking for an investment property with $8,000+ per month rents in a sought after neighborhood, look no further. NOI is $75,550 annually. CAP 4.3%. This shared residence accommodates 8 renters under contract, each occupying their own bedroom, with shared kitchen and laundry. Internet currently provided. Two primary bedrooms with ensuite bath, and the two additional full bathrooms are shared by the other tenants. Close to major thoroughfares for easy commuting including 680, 237, 880. Major grocery stores and restaurants nearby. Neighborhood parks within short walking distance. Minutes to Ed Levin County Park and Spring Valley Golf Course. Seize this investment opportunity before it's gone.

Property details

Bedrooms
8
Bathrooms
4
Square feet
1,870
Year built
1970
Property type
Residential
Lot size
5,700 sqft

Location

1260 Glacier Drive • Milpitas, CA 95035

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Listed by

Earle Makin · Tera Real Estate

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Listing courtesy of Tera Real Estate. Information deemed reliable but not guaranteed.

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Nalren Corp. · CA DRE #02423715