1200 E William Court
San Jose, CA 95116
0.19 acres | #ML82000114
Description
Investor opportunity! Rare 6-Unit Offering in East San Jose's Federal Opportunity Zone, a unique investment opportunity with huge upside potential. This property consists of two legal parcels, offering flexibility for investors to acquire as either two 3-plexes or a combined 6-unit multifamily. Two Parcels can be sold together or separately - APN : 472-04-095 (has units A, B, C - right-side building) / 472-04-096 (has units D, E, F - left-side building). 6 Units Total Two 3-Br, 1.5-ba units, Four 2-Br / 1.5Ba units. 3,420 Sq.Ft. Located in a Designated Opportunity Zone Potential tax incentives for qualified investors. Undermarket Rents Strong value-add potential. Needs Some TLC Great candidate for renovation and repositioning. The location of the subject property is within Census Tract 5031.22, which is designated as a Qualified Opportunity Zone. For definitive confirmation, its advisable to consult official resources such as IRS Opportunity Zones Map.
Property Details
- School DistrictSan Jose Unified
- High SchoolSan Jose Academy
- Property SubtypeCommercialSale
- CountySanta Clara
- Original List Price$3,088,000
- MLS #ML82000114
- MLS #ML82000114
- Property TypePurchase
- Taxes Annual$38,687
- Cost3095000
- Acres0.1924
- Utility SourcePublic
- Year Built1965
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Melinda Collins (#ML5091954)
Listing Office: NextHome Axis Realty (#ML5099656)
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