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Buy a multi-family propertyat 32 S Morrison Avenue, San Jose, CA 95126

$1,495,000

$0/mo

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Multifamily

2,802 Sq. Ft.

4,779 Sq. Ft. lot

0 Bathrooms

319 Days on market

ML81931975 MLS ID

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About 32 S Morrison Avenue multi-family property

Come invest in this excellent opportunity to grow your cash flow, 4plex in highly desirable tree lined street neighborhood of St. Leo's. Nestled in among predominantly detached single family homes. Excellent income producing property. All 4 units were extensively renovated in the past 6 years requiring minimal maintenance. Two units are fully furnished offering opportunity for higher rental income from mid-term rental (3-6-9 months of corporate housing/travel nurse tenants). Situated within blocks of the new San Jose Google campus, SAP Event Center, Diridon Caltrain Station and just a few miles from Downtown San Jose, convention center, San Jose university Campus and various public transportation options. Walk to cafes, restaurants, parks, and Whole Foods. Easy access to major freeways such as 87, 280, 880, and 101. Whether you're an investor looking to grow your portfolio a homeowner seeking to live in one unit and rent the others Come see this Jewel !
Come invest in this excellent opportunity to grow your cash flow, 4plex in highly desirable tree lined street neighborhood of St. Leo's. Nestled in among predominantly detached single family homes. Excellent income producing property. All 4 units were extensively renovated in the past 6 years requiring minimal maintenance. Two units are fully furnished offering opportunity for higher rental income from mid-term rental (3-6-9 months of corporate housing/travel nurse tenants). Situated within blocks of the new San Jose Google campus, SAP Event Center, Diridon Caltrain Station and just a few miles from Downtown San Jose, convention center, San Jose university Campus and various public transportation options. Walk to cafes, restaurants, parks, and Whole Foods. Easy access to major freeways such as 87, 280, 880, and 101. Whether you're an investor looking to grow your portfolio a homeowner seeking to live in one unit and rent the others Come see this Jewel !

Property details

Appliances and Equipment

Gas Cooktop

Refrigerator

Range Hood

Vented Exhaust Fan

House

2 total stories

Built in 1905

2,802 sqft living area

2802 total building sqft

Disclosures

Rent Control

Expenses

Insurance Expense: $2,546

Maintenance Expense: $3,000

Other Expense: $800

Floors

Carpet

Laminate

Tile

Foundation

Brick/Mortar

Heating

Radiant

Income

Gross Scheduled Income: 83100

Interior Features

Attic

Listing

Listing ID: ML81931975

Property Subtype: Quadruplex

35 days on market

Listed on 2023-06-15

Rent controlled

Location

County: Santa Clara

Lot

4779 sqft

0.1097 acres

Area: 4779

Parking

Carport

3 carport spaces

Carport

Uncovered

Property

Single building

Roof

Composition

Schools

High School District: San Jose Unified

Sewer

Public Sewer

Taxes

Annual Amount: $3,103

Monthly cost

Estimated monthly cost

$9,527/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,405,300

+$44,850

$1,450,150

Seller agent commission$44,850 (3%)*

$0 (0%)

Buyer agent commission$44,850 (3%)*

$44,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $44,850 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Apr 29, 2024 at 11:05 p.m.

Data updated: Jul 20, 2023 at 8:05 p.m.

Property listed by KW Silicon City, Guadalupe Sanchez
Based on information from California Regional Multiple Listing Service, Inc. as of 07/20/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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