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45 S 22nd Street

San Jose, CA 95116
  • $1,555,000
  • STATUS: Closed
  • ON SITE: 57 Days
  • ID#: ML81889860
Sold - 07/18/2022
$1,555,000
SOLD - 07/18/2022
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,122
    SQFT
  • $498
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1990
County:

School Ratings & Info

School District:
Listing Agent(s): Meidan Mike Magen of Intero Real Estate Services ((510) 489-8989)


Description

Great Investment opportunity! Built in 1990 by the current owner. All units were remodeled 5 years ago. Cash flow $7,871 a month from day one. Comprising four 1 bed/1 bath units averaging approximately 780 sqft. One of the units is currently vacant and ready to show! Current Market rent is $2200 per month. All units are the same floor plan. Two units are on the first floor and two units are on the second floor. Recently remodeled unit with Tile floor and granite counters in kitchen. Dishwasher, stove and refrigerator are already in place. Laundry hook-ups and W/H for each unit, high ceilings, nice natural light. Large patio with a second, smaller patio. Well maintained common area, parking available in rear. Convenient location, easy access to Highway 101, 280 & 680. Close to San Jose State University and plenty of shops and restaurants nearby. In sum, this is a property thats built to appeal to investors and tenants alike, which means it wont stay on the market forever!

Sold by Sohrab Sangha of .

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T18:31:53.69. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
www.homefinderorangecounty.com/homes/129762450
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45 S 22nd Street San Jose, CA 95116

  • Price: $1,499,000
  • Status: Closed
  • On Site: 57 Days
  • Updated: 12 min ago
  • ID#: ML81889860
0
Beds
0
Baths
0
½ Baths
0.18
Acres
3,122
SQFT
$498
$/SQFT
1990
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
School District:
San Jose Unified
Property Description
Great Investment opportunity! Built in 1990 by the current owner. All units were remodeled 5 years ago. Cash flow $7,871 a month from day one. Comprising four 1 bed/1 bath units averaging approximately 780 sqft. One of the units is currently vacant and ready to show! Current Market rent is $2200 per month. All units are the same floor plan. Two units are on the first floor and two units are on the second floor. Recently remodeled unit with Tile floor and granite counters in kitchen. Dishwasher, stove and refrigerator are already in place. Laundry hook-ups and W/H for each unit, high ceilings, nice natural light. Large patio with a second, smaller patio. Well maintained common area, parking available in rear. Convenient location, easy access to Highway 101, 280 & 680. Close to San Jose State University and plenty of shops and restaurants nearby. In sum, this is a property thats built to appeal to investors and tenants alike, which means it wont stay on the market forever!
Exterior Features

Carport Spaces 4 Carport YN Yes Parking Features Off Site Parking Total 4 Roof Other

Interior Features

Accessibility Features Parking Cooling None Cooling YN No Heating Central Heating YN Yes

Property Features

Association YN No Buyer Financing Conventional Cap Rate 6.4 Garage YN Yes Gross Scheduled Income 96000 Insurance Expense 0 Listing Agreement Exclusive Right To Sell Maintenance Expense 0 Other Expense 0 Property Sub Type Quadruplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 0 Trash Expense 0 Water Source Public Zoning Rm



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T18:31:53.69. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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Zen Ziejewski and Team | Keller Williams Realty
27101 Puerta Real #150
Mission Viejo CA, 92691
Listing Agent(s): Meidan Mike Magen of Intero Real Estate Services ((510) 489-8989)