Listing Agent: Earle Makin      Broker/Office: Tera Real Estate
1260 Glacier Drive Milpitas CA 95035
$ 1,748,000
  8   |    4   |    1870 Sq Feet

Listing ID

#ML82034844

Status

Active

County

Santa Clara

Year Built

1970

Days on website

3

Description
If you're looking for an investment property with $8,000+ per month rents in a sought after neighborhood, look no further. NOI is $75,485 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 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.
Location
Financial Information
List Price:  $ 1748000
Property Features
Flooring:  Laminate
Heating:  Central
High School District:  Other
Lot Features:  Level
Roof:  Metal
Water Source:  Public
High School District:  Other
MLS Area Major:  699 - Not Defined
City:  Milpitas
Listed By:   Earle Makin   Tera Real Estate 
CA Lic#