786 Sharmon Palms Lane, Campbell, CA 95008 - MLS#PW24092348

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Anthony Napoli

realestate@anthonynapoli.com +1(619) 750-3558

$2,095,000

Est. payment - /mo

2 Beds

1 Bath

7,841 Sqft Lot

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UPDATED:

11/04/2024 02:42 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24092348

Bedrooms 2

HOA Y/N No

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.
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

Area Campbell (95008)

Zoning Public Rec

Interior

Cooling Wall/Window

Exterior

Roof Type Composition

Building

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Monthly Total Fees $215

Acceptable Financing Cash

Space Rent $107,164

Listing Terms Cash

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Listed by Ramaswamy Ramkumar • Sabari Realty

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Anthony Napoli

+1(619) 750-3558

Agent | License ID: 01311452

Agent License ID: 01311452