Fourplex
Listing Agent: Mina Rezaei (DRE #01969725) · Listing Office: Intero Real Estate Services · Contact: (408) 342-3000 · Bought with: Anuradha Gupta · Intero Real Estate Services · MLS #ML81973479 · Source: CRMLS
Excellent Investment! Stunning 4-Plex in a Prime Location. Discover a fantastic investment opportunity with this well-maintained 4-plex, nestled in a highly sought-after, family-oriented neighborhood. Each unit features spacious 2-bedroom layouts with nearly 920 Sqft perfect for comfortable living. Enjoy the convenience of a private park, complete with carports and dedicated storage for each unit. The property also boasts a dedicated laundry room and low-maintenance grounds, ensuring ease for both owners and tenants. Located within walking distance to a variety of restaurants, shops, public transportation, and with easy access to Freeway 85 and 17, this property offers unparalleled convenience. Each unit is bright and welcoming, featuring large double pane windows and recessed lighting, luxury waterproof plank flooring creating a warm and inviting atmosphere. Current rents of ALL units are at market rate, providing a solid return on investment with an impressive cap rate of over 4.3%, a rare find in this area. This 4-plex is a perfect investment for those looking to add a valuable turnkey and easy to maintain asset to their portfolio. No exterior balcony and stairs. Don't miss out on this exceptional opportunity to own a high-demand property with a reasonable price.
Listing description from the September 2024 sale, as reported to CRMLS.