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$ 3,095,000
Est. payment /mo
Active
1200 E William CT San Jose, CA 95116
8,380 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82000114
HOA Y/N No
Year Built 1965
Annual Tax Amount $38,687
Lot Size 8,380 Sqft
Property 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.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 6
Roof Type Shingle
Total Parking Spaces 8
Building
Water Public
Schools
High Schools San Jose Academy
School District San Jose Unified
Others
Tax ID 47204095
Special Listing Condition Standard
Listed by Melinda Collins • NextHome Axis Realty