2178 Monticello Ave - Absolute Bargain Income Triplex! Hurry Fast
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2178 Monticello Ave - Absolute Bargain Income Triplex! Hurry Fast
3 Unit Apartment Building Offered at $1,924,843 CAD at a 3.50% Cap Rate in San Jose, CA 95125
Investment Highlights
- Near major highways
- Near tech centers
- Near downtown San Jose
Executive Summary
Best bargain on the market! The original three bedroom one bath single family house with an attached two car tandem garage was then converted to a two bedroom two bath home with one car attached garage. Two 1 bedroom, 1 bath units were completed after, bringing total sq -ft to 2,206 on a 6,534 sq ft lot. The 2 bed/2 bath with attached garage (Unit A) features partial hardwood flooring, a private yard and is currently rented under market value for $2k/Mo per month. Unit B (1bed/1 bath) was recently renovated including new interior paint, new dual pane windows, new flooring, new granite countertops, new sink, new cabinets, new stove, & fridge. Bathroom renovations includes new toilet/vanity/tub refinish, new ceiling fans, along with a new front door, new washer/dryer. Rent for this unit is $2k/mo. Unit C is a 1 bed/1 bath apartment that is rented for $1.8k All units have in-unit washer dryer, A/C, newer water heaters, and private outdoor space. Located near major HWYS, tech centers, DTSJ, & Plant Shopping Center.
Property Facts
Unit Amenities
- Washer/Dryer
- Heating
- Tub/Shower
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
4+4 | 3 | - | - |
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Bike Score ®
Very Bikeable (73)
PROPERTY TAXES
Parcel Number | 455-06-041 | Improvements Assessment | $217,953 CAD |
Land Assessment | $145,288 CAD | Total Assessment | $363,241 CAD |
PROPERTY TAXES
Parcel Number
455-06-041
Land Assessment
$145,288 CAD
Improvements Assessment
$217,953 CAD
Total Assessment
$363,241 CAD
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Elite Realty
2178 Monticello Ave - Absolute Bargain Income Triplex! Hurry Fast
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