Do not miss out this true cash cow. A great opportunity for investors who are seeking stronger stable cash flow and higher potential., this one is perfect fits your needs. Total 9 units . Front building : 7 units ; Rear unit: a single level detached duplex. Currently, 8 units are occupying by tenants. One unit is vacant. The subject is located in the upscale Hensley District, Improvements: Numerous upgrades, including foundation bolt upgrades for enhanced stability and safety. Utilities: Each init has separate water heater and PG&E Meter, ensuring efficient utility management. Cash flow: Excellent cash flow with potential increasing room. Roughly yearly rental income is $154,745. The cap rate is estimated at $4.99% with high potential to increase the rental income. Recently just completed remodeled the down stairs vacant unit 2.
Property Details
Price:
$1,500,000
MLS #:
ML81984959
Status:
Active
Baths:
0
Address:
139 E Julian Street
Type:
Commercial
Neighborhood:
699notdefined
City:
San Jose
Listed Date:
Oct 28, 2024
State:
CA
ZIP:
95112
Year Built:
1898
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Exterior
Parking Spots
0.00
Roof
Composition, Shingle
Water Source
Public
Financial
Taxes
$23,333
Utilities
Natural Gas Available
Map
Contact Us
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139 E Julian Street
San Jose, CA
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