$570k Price Reduction - Prime Silicon Valley 11-unit Multifamily Asset with Assumable 3.85% debt! If you believe in the growth potential of AI, like NVIDIA (Stock Price T-12 Growth: over 350% return), you cannot miss this prime multifamily asset. Why? The investment thesis is simple: the excellent demographics ($201,279 average household income) will bring you long-term Rent Growth driven by demand/supply dynamics. Highlights: (1) Located in a Single-Family Home neighborhood. Just minutes to major tech companies (Apple, NVIDIA, Netflix, just to name a few), groceries (Mitsuwa and Sprouts), and convenient access to major highways (280, 85, San Tomas Expy, and Lawrence Expy) (2) Priced significantly below replacement costs, (3) Irreplaceable assumable debt! (4) Tenant turnover opportunity to execute value-added strategy to unlock the upsides of this well-maintained property! (5) Amenities: a courtyard, secured gates, on-site laundry, covered parking spaces, and storage (6) Excellent unit mix: (2) 2+2 and (9) 1+1 units (7) Historically durable cash flow
MLS #
ML81927390
MLS Source
MLSListings, Inc.
Days on Site
327
Buyer's Brokerage Compensation*
2.50
Appliances
Appliances - Vary by Unit, Washer/Dryer - Some Units
Laundry
Coin Operated
Cooling
Other
Heating
Wall Furnace
Roof
Composition
Foundation
Concrete Perimeter
Garage/Parking
Assigned Spaces, Covered Parking, Garage: 0 Car(s)
Elementary District
Moreland Elementary
High School District
Campbell Union High
Sewer
Public Sewer
Water
Public
Zoning
RM
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 11 | 11 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | – | 2 | 2/0 | – | – | 2 |
2 | – | 1 | 1/0 | – | – | 9 |
4004 Williams Rd is a Residential Income in San Jose, CA 95117. This 8,210 square foot property sits on a 0.323 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,780,000 and was built in 1962.
This address can also be written as 4004 Williams Rd, San Jose, CA 95117.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of April 22, 2024. For the most current information, please contact Kyle Chuang, (408) 718-5158