Incredible returns for a 4plex with a cap rate of just under 5%! Branham Ln is a four-unit apartment building located in San Jose California in the county of Santa Clara. Built-in 1979, the property has an excellent unit mix consisting of one, three-bedroom two bathrooms, two two-bedroom one and a half baths, and one one-bedroom one bath unit. The units average 1,158 square feet each for a net rentable square footage of 4,631 square feet. The property sits on a 0.26 acre or 11,610 square foot lot. It has plenty of parking at the rear of the property in the form of an enclosed 2-car garage, 3 carport spaces, and 2 noncovered spaces. There is an on-site laundry room as an added convenience for the residents and for additional income for the owner. The property provides patios for select units and a backyard for one of the units. The owner has done a great job keeping up with rents which allow this property to provide a high return in comparison to other 4-unit buildings on the market.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
