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Listed by Ramaswamy Ramkumar • Sabari Realty
$ 2,095,000
Est. payment /mo
Active
786 Sharmon Palms Lane Campbell, CA 95008
3,150 SqFt
UPDATED:
11/04/2024 07:05 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,150 sqft
Price per Sqft $665
MLS Listing ID CRPW24092348
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1962
Lot Size 7,841 Sqft
Property Description
Prime 4-unit investment property in a nice Campbell area with an easy commute, proximity to freeway / expressway / shops/schools / parks. Property has four 2 bedroom/1 bathroom units. All units have been maintained and improved by seller over the past 8+ years. Gross TY2023 rental income was $107,164 ($8,930 each mo.) and the operating 2023 expenses were $36,676. At the list price, this yields a GRM of 20 with an estimated Cap Rate of 3.36%. Please drive by but do not disturb tenants. Buyer offer will be contingent on acceptance after property inspection.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Carpet
Fireplace No
Laundry Common Area
Exterior
Handicap Access Other
Building
Water Public
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