318 Raymond, San Jose, CA 95128

$1,175,000

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List Price
$1,175,000
Status
ACTIVE
MLS#
OC26167050
Year Built
1925
Lot Size
3,971
Acres
0.09
Lot Location
Back Yard, Front Yard
Days on Market
45
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

This property is a charming duplex located in the Burbank neighborhood of San Jose. Great ideal for an owner-occupier while can live in one unit and rent out the other to generate rental income. It features two units; front unit being rented under Section 8 with 2 Bedrooms, 1 Bathroom rent 3000/month. This unit is currently occupied by a long-term tenant with a good rent history. It includes a nice front patio, an updated bathroom with a tile shower, and a spacious open kitchen with tile flooring. Back Unit: featuring 3 Bedrooms, 1 Bathroom currently vacant. Back Unit with new vinyl plank floor, painted interior, updated bathrooms, tile kitchen, and granite countertop. The unit has a nice backyard with a patio area. Both units are in close proximity to Valley Fair Mall, Santana Row, and Valley Medical Hospital, making it a convenient location. The property is also near public transportation and major highways. This duplex offers a fantastic investment opportunity with low maintenance.

Additional Information

Appliances
Gas Range
Pool Description
None
Heat
Natural Gas, Wall Furnace
Cooling Description
None
View
None
Roof
Shingle
Sewer
Public Sewer
Interior Features
All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$84,000
Operating Expense
4843

Listing courtesy of Listing Agent: Victoria Tran (Victoriatran138@gmail.com) from Listing Office: Professional R.E. Center, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.