Description
A MUST BUY! Functions like a TRIPLEX. Desirable detached 2 unit investment property or make it owner occupied with fantastic add'l income generating unit(s). Great income and appraised for $1.450M. Currently, the back 3bed/2bath unit is subleased as 2 units (1 individual studio/1bath & 2bed/1bath) plus detached front 2bed/2bath unit. Current leases @ $90,900 annually. Excellent surrounding rental market, servicing nearby workplaces like Adobe, San Jose State (student & staff), & 3 hospitals. Increased rental potential with the proposed downtown Google campus, Alum Rock BART extension, and expanding Adobe campus. Units showcase a bright & open floor plan, nice flooring, upgraded kitchen & bathrooms, dual pane windows, private backyards with decks, and extra parking. Ideal location, next to the beautiful Naglee Park neighborhood, easy access to Caltrain, Light Rail, Hwy 280, 87, 101, 680, many other work & pleasure destinations, and only a few minutes from vibrant Downtown San Jose!
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