MarketPier

1245 Campbell Avenue - Campbell, CA 95008

$1,899,999
Listing Description

Well cared for 4 plex in Campbell, with long term tenants, all currently leased. Newly painted exterior. Unit 1 has been completely remodeled with newer laminate flooring, fresh paint, and new appliances. It is a 3/2 with a screen room, central forced air, fireplace, and a small side yard. Unit 2, a 1/1, partially remodeled a few years back, new flooring and remodeled bathroom. Unit 3, a 1/1, remodeled in September 2018, newly painted and new flooring throughout with a screen room. Unit 4, a 2/1, remodeled September 2019 with granite countertops in kitchen, new laminate flooring throughout and freshly painted. Most units are turn-key units in a prime location near shops (Westgate), schools, bus lines, and freeways. Total of 4 car garage spaces available, double and 2 single; however one single is currently the laundry room with coin-op, owned machines. Units 2/3/4 have wall furnaces, no AC. Upgraded with new vinyl windows, floors, upgraded baths and more. Hurry! Won't last!!

Listing Information
MLS Number
ML81774558
APN/Parcel ID
307-50-057
Type
Multifamily
Sub Type
Multifamily
Building Size
3,535 sqft
Lot Size
8,100 sqft
Price / SQFT
$537
No Units
4
Price / Unit
$475,000
Gross Scheduled Income
$110,700
Rent Multiplier
17.16
Cap Rate
5.03%
Listing Date
11/29/2019
Days Active
7
Last Updated
12/7/2019
Listing Provided By
Deborah Johnson
Compass
BRE# 01911035

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