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1095 Appian Lane, San Jose, CA 95116

8 Bed Multi-Family Home For Sale

1095 Appian Lane, San Jose, CA 95116 House For Sale - MLS #52175714
$1,598,000
8
Multi-Family
4 Family
This listing is courtesy of Duc Le from Pacificwide Real Estate & Mortgage.

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Property Description for 1095 Appian Lane, San Jose, CA 95116

Good news ***The income recently increased***. Great rental property with 4 units apartment building have 2bed 1bath, well maintained. Close to DownTown San Jose, highly desirable central location. Gross rents in April will be $98,400 ***CAP RATE approx 5%***. Easy commute access to 280/680 or 101 and shopping centers ( Little Saigon, Grand Century Mall, Viet Nam Town) restaurants. New roof, new bathroom floor, new heater system, new water heater, all the gas stoves and electrical conversion, everything fixed with permit. Seller's using 1031 exchange no cost to buyer. Rent control.

Interior Details

Exterior Details

0.14 acres
6,120 sq. ft.

Other Details

52175714
1961
$7,947
Santa Clara

Units Description

Unit #1
Living Area: 830 sq. ft.      Bedrooms: 2      Rent: $1,940     

Unit #2
Living Area: 830 sq. ft.      Bedrooms: 2      Rent: $2,039     

Unit #3
Living Area: 830 sq. ft.      Bedrooms: 2      Rent: $1,984     

Unit #4
Living Area: 830 sq. ft.      Bedrooms: 2      Rent: $1,984     

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(20%)

Monthly Mortgage Payments

$7,259
$10,110

Town Description

Prior to European settlement, the area was inhabited by several groups of Ohlone Native Americans[8] The first lasting European presence began with a series of Franciscan missions established from...

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