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125 N 26th Street

San Jose, CA 95116
  • $1,050,000
  • STATUS: Pending
  • ON SITE: 31 Days
  • ID#: ML81952771
Pending
$1,050,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,488
    SQFT
  • $706
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

School District:
Listing Agent(s): Paulo Oliveira of Statewide Real Estate Services (408-888-2639)


Description

"Exceptional Investment Opportunity! This duplex, situated within walking distance of the future Bart Station, promises significant positive transformations in the surrounding neighborhood. This duplex is very unique in that it is nested in a single-family neighborhood, making it an ideal choice for an owner-occupied unit with the other available for rental. Both units are 2-bed/1-bath, offering market rents in the range of $2500 to $2600 per month. This duplex has 2-Water Meters, a rarity in San Jose, allowing tenants to independently cover their water usage. The back carport, originally a garage, only requires the addition of walls. There is lots of parking potential and perhaps the possibility of adding an ADU. This duplex is conveniently located near Highway 101, 280, and 680, as well as downtown San Jose's vibrant restaurant and nightlife scene. It also offers easy access to public transportation with a short walk to Santa Clara St. bus system which provides extensive connectivity to shopping centers and a short bus ride to San Jose State University. This duplex it an excellent investment for both first-time homebuyers seeking to owner-occupy and savvy investors eyeing a lucrative opportunity. Don't miss out on this prime investment with promising future prospects!"

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-01T00:31:17.237. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/147053833
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125 N 26th Street San Jose, CA 95116

  • Price: $1,050,000
  • Status: Pending
  • On Site: 31 Days
  • ID#: ML81952771
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1,488
SQFT
$706
$/SQFT
1960
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
School District:
San Jose Unified
Property Description
"Exceptional Investment Opportunity! This duplex, situated within walking distance of the future Bart Station, promises significant positive transformations in the surrounding neighborhood. This duplex is very unique in that it is nested in a single-family neighborhood, making it an ideal choice for an owner-occupied unit with the other available for rental. Both units are 2-bed/1-bath, offering market rents in the range of $2500 to $2600 per month. This duplex has 2-Water Meters, a rarity in San Jose, allowing tenants to independently cover their water usage. The back carport, originally a garage, only requires the addition of walls. There is lots of parking potential and perhaps the possibility of adding an ADU. This duplex is conveniently located near Highway 101, 280, and 680, as well as downtown San Jose's vibrant restaurant and nightlife scene. It also offers easy access to public transportation with a short walk to Santa Clara St. bus system which provides extensive connectivity to shopping centers and a short bus ride to San Jose State University. This duplex it an excellent investment for both first-time homebuyers seeking to owner-occupy and savvy investors eyeing a lucrative opportunity. Don't miss out on this prime investment with promising future prospects!"
Exterior Features

Carport Spaces 2 Carport YN Yes Foundation Details Concrete Perimeter Parking Features Carport Parking Total 4 Roof Composition View YN No

Interior Features

Accessibility Features None Appliances Gas Oven Cooling None Cooling YN Yes Flooring LaminateTileWood Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 4.36 Garage YN No Gross Scheduled Income 62400 Insurance Expense 1500 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 1500 Other Expense 500 Possession Close Of Escrow Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 13125 Trash Expense 0 Zoning R2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-01T00:31:17.237. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Paulo Oliveira of Statewide Real Estate Services (408-888-2639)