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$3,095,000

Est. payment - /mo

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8,380 Sqft Lot

Active

1200 E William CT San Jose, CA 95116

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82000114

HOA Y/N No

Year Built 1965

Annual Tax Amount $38,687

Lot Size 8,380 Sqft

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

Area 699 - Not Defined

Zoning R3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 6

Roof Type Shingle

Total Parking Spaces 8

Building

Water Public

Schools

High Schools San Jose Academy

School District San Jose Unified

Others

Tax ID 47204095

Special Listing Condition Standard

Listed by Melinda Collins NextHome Axis Realty

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