$1,885,000
$1,925,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
3,400 SqFt
SOLD DATE : 03/06/2019
Key Details
Sold Price $1,885,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $554
MLS Listing ID ML81725062
Sold Date 03/06/19
HOA Y/N No
Year Built 1962
Annual Tax Amount $2,700
Lot Size 8,346 Sqft
Acres 0.1916
Property Description
75K price reduction! New cap rate 5.26%, new GRM 17.48, both the best in the area. Excellent income property with over $100K net rent per year. Good long term tenants taking good care of property. No property manager needed. This 4-plex is centrally located in Campbell with easy access to Montague Xpwy, Highway 17, Highway 85 and Interstate 280. The best Campbell schools: Capri Elementary (API 897), Rolling Hills Middle (API 919), Westmont High School (API 796). Remodeled apartments with covered carport parking. Extra storage for tenants. Roof, hardwood flooring, finished copper pipe, plumbing, new ply sub-floor, new paint interior and exterior was done in 2016. Cul-de-sac location for quiet neighborhood feel. Show and Sell!
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R2
Interior
Heating WallFurnace
Cooling WallWindowUnits
Flooring Laminate, Tile
Fireplace No
Appliance ElectricCooktop, ElectricOven
Exterior
Garage Carport
Carport Spaces 4
Roof Type Composition
Accessibility None
Parking Type Carport
Total Parking Spaces 4
Building
Water Public
Schools
Elementary Schools Capri
Middle Schools Rolling Hills
High Schools Westmont
School District Other
Others
Tax ID 40431020
Financing Conventional
Special Listing Condition Standard
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Bought with Noemi Ruelas • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "