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1088 Myrtle Street

San Jose, CA 95126
  • $1,998,888
  • STATUS: Active Under Contract
  • ON SITE: 73 Days
  • MLS #: ML81867502
Under Contract
UPDATED: 61 min ago
$1,998,888
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1999
County:

School Ratings & Info

Listing Agent(s): Jennifer Pena of Navarro & Associates Realty (408-505-9354)


Description

INVESTMENT OPPORTUNITY! Commercial building is located in the back of a 2 story home. Diamond in the Rough! Bring your contractor and see the potential in this home/property. Both the warehouse and home are currently rented and are generating great rents with lots of room for upside. The home is on a month to month lease while the warehouse has a short term lease in place. The home has a spacious 2,080 square feet and a huge detached garage which can be used for storage, a workshop, etc. The Warehouse has its own bathroom and is approx. 2000 square feet of space in addition to the garage. This could be great for a live/work situation for a contractor. Lots of potential!!!The property is located near Santa Clara University and has easy freeway access.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-22T18:26:20.307. 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 deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/123164469
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1088 Myrtle Street San Jose, CA 95126

  • Price: $1,998,888
  • Status: Active Under Contract
  • On Site: 73 Days
  • Updated: 61 min ago
  • MLS #: ML81867502
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1999
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
Property Description
INVESTMENT OPPORTUNITY! Commercial building is located in the back of a 2 story home. Diamond in the Rough! Bring your contractor and see the potential in this home/property. Both the warehouse and home are currently rented and are generating great rents with lots of room for upside. The home is on a month to month lease while the warehouse has a short term lease in place. The home has a spacious 2,080 square feet and a huge detached garage which can be used for storage, a workshop, etc. The Warehouse has its own bathroom and is approx. 2000 square feet of space in addition to the garage. This could be great for a live/work situation for a contractor. Lots of potential!!!The property is located near Santa Clara University and has easy freeway access.
Exterior Features

Carport Spaces 0 Carport YN Yes Construction Materials ConcreteRedwood SidingWood Siding Foundation Details Slab Lot Features Back Yard Parking Features Detached Carport Parking Total 0 Roof CompositionTar/Gravel

Interior Features

Accessibility Features None Appliances DishwasherGas OvenRefrigeratorRange Hood Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Cap Rate 1.71 Garage YN No Gross Scheduled Income 45076 Insurance Expense 3500 Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Maintenance Expense 0 Possession Negotiable Special Listing Conditions Standard Trash Expense 35 Zoning M1



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-22T18:26:20.307. 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 deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
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ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Jennifer Pena of Navarro & Associates Realty (408-505-9354)