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    4560 Hamilton Avenue

    San Jose, CA 95130
    • $1,895,000
    • STATUS: Active Under Contract
    • ON SITE: 56 days
    • ID#: ML81824749
    Under Contract
    UPDATED: 44 min ago
    $1,895,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,440
      SQFT
    • $551
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    PRICE REDUCED $100K! Very well-maintained 4-plex in desirable West San Jose location. Outstanding unit mix - (4) spacious 2 bedroom / 1.5 bathroom townhouse style units. Average 860 sf each. Small private patios. Newer Milgard dual paned windows. Copper plumbing. Newer composition shingle roof and hot water heater. Strong in place rents - average $2,213. No rent increases given in 2019 so buyer can increase rents 5% in 2020. Ideal rental location - walking distance to Westgate Center & El Paseo de Saratoga, schools & parks. Convenient to Downtown Campbell, Saratoga Avenue, Highways 85 & 280. Incredible financing available.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-04T18:33:22.23. 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 Realty ONE Group Southwest. Licensed in the State of California, USA.

    www.necolrealty.com/homes/113044343
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    4560 Hamilton Avenue San Jose, CA 95130

    • Price: $1,895,000
    • Status: Active Under Contract
    • Updated: 44 min ago
    • ID#: ML81824749
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,440
    SQFT
    $551
    $/SQFT
    1961
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Santa Clara
    Area:
    699 - Not Defined
    Property Description
    PRICE REDUCED $100K! Very well-maintained 4-plex in desirable West San Jose location. Outstanding unit mix - (4) spacious 2 bedroom / 1.5 bathroom townhouse style units. Average 860 sf each. Small private patios. Newer Milgard dual paned windows. Copper plumbing. Newer composition shingle roof and hot water heater. Strong in place rents - average $2,213. No rent increases given in 2019 so buyer can increase rents 5% in 2020. Ideal rental location - walking distance to Westgate Center & El Paseo de Saratoga, schools & parks. Convenient to Downtown Campbell, Saratoga Avenue, Highways 85 & 280. Incredible financing available.
    Exterior Features

    Carport Spaces 4.00 Foundation Details Concrete PerimeterSlab Garage Spaces 0.00 Lot Features Back Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Features CarportAttached CarportOff StreetStreetCovered Parking Total 4.00 Parking YN Yes Roof CompositionShingleAsbestos Shingle

    Interior Features

    Average1 Bed Area 860 Average2 Bed Area 859 Average3 Bed Area 860 Cooling None Cooling YN No

    Property Features

    Accessibility Features None Cap Rate 3.43 Gross Multiplier 17.64 Gross Scheduled Income 107412.00 Insurance Expense 2000.00 Maintenance Expense 3000.00 Professional Management Expense 0.00 Special Listing Conditions Standard Trash Expense 1980.00 Zoning R3

    Listing provided courtesy of Justin Bautista of Newmark Cornish & Carey


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-04T18:33:22.23. 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 Realty ONE Group Southwest. Licensed in the State of California, USA.

     
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