Two words Silicon Valley investors have been waiting to hear: already leased. Welcome to 962/964 Princess Anne Drive, a well maintained income producing duplex tucked in one of San Jose's most strategically positioned pockets, where Willow Glen charm meets Santana Row convenience and Silicon Valley's freeway grid puts the entire Peninsula within reach. Looking to lock in long-term cash flow in a market where vacancy is the real risk, this property checks every box.
Sitting on a generous 6,300 square foot lot, this side-by-side duplex delivers two mirrored 2-bedroom, 1-bath units at approximately 822 & 823 square feet each totaling 1,592 square feet of rentable living space. Both units are occupied with long-term tenants providing stable, verified income from day one. Unit 962 is leased at market rate to a long-term tenant with an established payment history. Unit 964 is assisted under the Section 8 Housing payments made directly and reliably to the owner each month a built-in income guarantee With the national housing shortage showing no signs of easing and HCV vacancy rates among the lowest in any asset class, this dual-income stream represents exactly the kind of stability an investor is looking for.
26 days
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1,206
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48
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Zillow last checked:
Listing updated:
Listed by:
Tracey McNeely01713844408-401-6501,
eXp Realty of California Inc888-584-9427
Source: MLSListings Inc,MLS#: ML82052659
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Kitchen
Features: Countertop_Granite, Countertop_Other
Heating
Gas
Cooling
None
Appliances
Included: Gas Cooktop, Dishwasher, Microwave, Refrigerator
Features
Doors: None
Interior area
Total structure area: 1,592
Total interior livable area: 1,592 sqft
Property
Parking
Total spaces: 2
Parking features: Detached, On Street
Garage spaces: 2
Has carport: Yes
Accessibility
Accessibility features: None
Features
Stories: 1
Lot
Size: 6,300 Square Feet
Details
Parcel number: 28231008
Zoning: R2
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex, Residential Income
Materials
Foundation: Crawl Space
Roof: Composition
Condition
Year built: 1954
Utilities & green energy
Gas: IndividualGasMeters
Sewer: Public Sewer
Water: Public
Utilities for property: Water Public, Individual Electric Meters, Individual Gas Meters
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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