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Listed by Melinda Collins • NextHome Axis Realty
$ 3,095,000
Est. payment | /mo
6,840 SqFt
$ 3,095,000
Est. payment | /mo
6,840 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,840 sqft
Price per Sqft $452
MLS Listing ID ML82000114
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1965
Lot Size 8,381 Sqft
Property Sub-Type Other
Property Description
Investor opportunity! Rare 6-Unit Offering in East San Jose's Federal Opportunity Zone, a unique investment opportunity with huge upside potential. This property consists of two legal parcels, offering flexibility for investors to acquire as either two 3-plexes or a combined 6-unit multifamily. Two Parcels can be sold together or separately - APN : 472-04-095 (has units A, B, C - right-side building) / 472-04-096 (has units D, E, F - left-side building). 6 Units Total Two 3-Br, 1.5-ba units, Four 2-Br / 1.5Ba units. 3,420 Sq.Ft. Located in a Designated Opportunity Zone Potential tax incentives for qualified investors. Undermarket Rents Strong value-add potential. Needs Some TLC Great candidate for renovation and repositioning. The location of the subject property is within Census Tract 5031.22, which is designated as a Qualified Opportunity Zone. For definitive confirmation, its advisable to consult official resources such as IRS Opportunity Zones Map.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Building
Water Public
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Glen Riggs
REALTOR® | Lic# CA DRE 02161397