Listed by Michael Shields, 408-356-1900 from SiliconValley MultiFamilyGroup
(If provided) CoList: Rebecca Nevarez from SiliconValley MultiFamilyGroup
Sold listing courtesy of Gea Carr from CBR
Located in Downtown San Jose, this duplex offers opportunity for both owner-occupied and investment buyers. Each unit contains a 563 SF, one bedroom / one bathroom unit. There is a very large backyard with potential for ADU addition. The 1,556 SF structure sits on a 6,337 SF lot, providing a land-to-building ratio of approximately 4:1. Construction consists of stucco over wood frame on a concrete perimeter foundation with a pitched composition shingle roof. The property has been well-maintained with recent capital improvements including a new roof and gutters in 2017, complete renovation of both units in 2013, new copper water pipes and ABS sewer lines in 2013, and updated electrical systems in 2012. These improvements reduce near-term capital expenditure requirements. Pest and property inspection reports are included in the disclosure package. The property is delivered with one vacant unit and one occupied unit. Utilities are separately metered for each unit, ensuring tenant responsibility for consumption costs. The property's configuration allows for efficient management as an investment property, with separate entrances and minimal shared common areas.
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