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Listing 14 out of 51
Open House Sunday Feb 24, 1:30pm–4:30pm
$2,298,000 For Sale

631 Fairmont Avenue
Mountain View, CA 94041

3 units | Multi Family Home
5227 sq ft - MLS# ML81737835 Courtesy of Realty World Dominion, Michael Quinnell
Property Photo
1/28

Description

Great Investment Opportunity offering a 4% CAP rate in Beautiful Downtown Mountain View! The triplex consists of three 2bd/1ba units. Each unit has it's own carport and separately metered for gas/electricity. Unique opportunity to own a rental property in this beautiful and walkable neighborhood. It sits on a beautiful tree lined street, is a 1-minute walk from all the hot spots of Castro Street in Downtown Mountain View. Renovated charming 1950s building. Finishes include stainless steel appliances, Custom cabinetry, Quartz counter tops with tile back splash, beautifully updated bathrooms recessed lighting & wood floors. Private storage in each carport, central laundry room in the building. This neighborhood has endless choices for dining, shopping, entertainment. Hot foodie haunts include: Doppio Zero, Eureka! Chez TJ & Cascal. Spend your weekends at the Klein Park, Mountain View Performing Arts Center or Pioneer Memorial Park. Very close to Caltrain & highways for an easy commute.

Open House

  • Sunday Feb 24, 1:30pm–4:30pm

Features

  • Property Type: Multi Family Home
  • Sub Type: TRIPLEX
  • Listing Status: Active
  • County/Area: Santa Clara County
  • Zip Code: 94041
  • Year Built: 1955
  • Age: 64
  • Units: 3 units
  • Lot Size: 5227 sq ft
  • Open House: 02-24-2019 1:30 PM - 4:30 PM
  • Zoning: R3-2
  • Annual Gross Sched Income: $129,000
  • Annual Rental Inc: 126000
  • Annual Utility Expense: $2,988
  • Cooling: No Air Conditioning
  • Existing Lease Terms: Written Agreement, Year Lease
  • Flooring: Hardwood Floors, Tile
  • Heating: Wall Furnace
  • Laundry: Coin Operated
  • Lot Sq Ft Apx: 5136
  • Net Operating Income: $97,412
  • Operating Expenses: Water
  • Park Spc Tot: 3
  • Tenant Pays: Electric, Gas
  • Unit 1: 2-Bedrooms
  • Unit 2: 2-Bedrooms
  • Unit 3: 2-Bedrooms
  • Water/Sewer: Sewer System - Public, Water - Public
Courtesy of Realty World Dominion, Michael Quinnell

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Stephen Lin

Stephen Lin
CalBRE#01907182
RE/MAX Accord
Fremont, CA 94539

510-574-6640
Contact Me

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Stephen Lin | 510-574-6640 | Contact Me
39644 Mission Blvd - Fremont, CA 94539
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