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Listed by Ramaswamy Ramkumar • Sabari Realty
$2,095,000
Est. payment /mo
3,150 SqFt
Active
786 Sharmon Palms Lane Campbell, CA 95008
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UPDATED:
11/11/2024 04:16 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,150 sqft
Price per Sqft $665
MLS Listing ID PW-24092348
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
Zoning R2S
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile
Laundry Common Area
Exterior
Parking Features Carport
Garage Spaces 6.0
Pool None
Community Features Urban
Utilities Available Sewer Connected, Water Available, Electricity Available, Natural Gas Available
Building
Lot Description 21-25 Units/Acre
Sewer Public Sewer
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