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Listing 5 out of 90
$1,999,999 For Sale

537 N Abel Street
Milpitas, CA 95035

4 units | Multi Family Home
9148 sq ft - MLS# ML81742697 Courtesy of Paramount Realty Group, Enrique Medellin
Property Photo
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Description

Opportunity awaits at this Milpitas 4-Plex with Excellent annual income. Each unit features 2 bedrooms, 1 bathroom and carport parking. Fully occupied, enjoy immediate income with significant additional upside potential due to no Rent Control in the city of Milpitas. Close proximity to major tech giants, BART and easy access to major highways makes this an excellent investment for future appreciation.

Features

  • Property Type: Multi Family Home
  • Sub Type: FOURPLEX
  • Listing Status: Active
  • County/Area: Santa Clara County
  • Zip Code: 95035
  • Year Built: 1972
  • Age: 47
  • Units: 4 units
  • Lot Size: 9148 sq ft
  • Zoning: R3S
  • Annual Gross Sched Income: $84,000
  • Annual Rental Inc: 84000
  • Annual Utility Expense: $3,200
  • Existing Lease Terms: Month To Month
  • Flooring: Laminate, Carpet
  • Heating: Wall Furnace
  • Lot Sq Ft Apx: 8998
  • Net Operating Income: $76,660
  • Roof: Composition Shingles
  • Tenant Pays: Electric, Gas
  • Unit 1: 2-Bedrooms
  • Unit 2: 2-Bedrooms
  • Unit 3: 2-Bedrooms
  • Unit 4: 2-Bedrooms
  • Water/Sewer: Sewer System - Public, Water - Public
Courtesy of Paramount Realty Group, Enrique Medellin

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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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