12
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$2,095,000
Est. payment /mo
7,841 Sqft Lot
Active
786 Sharmon Palms LN Campbell, CA 95008
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UPDATED:
11/03/2024 02:56 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW24092348
Originating Board California Regional MLS
Year Built 1962
Lot Size 7,841 Sqft
Property Sub-Type Fourplex
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.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Rooms
Kitchen Dishwasher, Garbage Disposal, Hood Over Range, Exhaust Fan, Refrigerator
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Laundry Area
Exterior
Parking Features Carport
Garage Spaces 12.0
Pool None
Roof Type Composition
Building
Foundation Concrete Slab
Water District - Public
Others
Tax ID 40431006
Special Listing Condition Not Applicable
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Listed by Ramaswamy Ramkumar • Sabari Realty