Located in West San Jose near the Campbell border, this four unit property has been well maintained by the owners since 2008. The building consists of four 2BD/1BA units that are renting from$1,750 to $2,075/month. There is upside potential in the rents as rents for units in this area average from $2,200 - $2,400/month. No delinquent tenants. Overall building is in good condition with many capital upgrades including a new 40 year roof replaced in 2008, dual-pane windows in 2014, appliances and flooring as needed. On-site laundry facility with leased equipment generates $500+ per year in income. Four carports plus 2-3 open spaces. Units are in good condition, ~690 SF. Remodeled ~20 years ago. Owners have repainted and refloored units approx every 5 years. Tenants pay PG&E, owners pay water, sewer, trash landscaping. Close to downtown Campbell, commuter routes, local employers, recreation and shopping. West San Jose/Campbell is a robust rental market and has rebounded extremely quickly.
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