San Jose, CA 95112,475 E William Street
Listed by Nate Gustavson • Marcus & Millichap
$4,288,000
Est. payment /mo
Est.Price: ?

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8,260 SqFt
SOLD DATE : 08/15/2016

Key Details

Sold Price $4,288,000

Property Type Commercial Sale

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 8,260 sqft

Price per Sqft $519

MLS Listing ID ML81585738

Year Built 1951

Lot Size 0.337 Acres

Property Sub-Type Other

Property Description

Come and see the Four (4) Newly Renovated Units JUST Completed; making 10 out of 16 Units now COMPLETELY UPDATED INTERIORS -- Located One-Half Block from SJSU! These units are incredibly attractive to the schools student body, and staff.-- 10 of the 16 Units are Completely Remodeled and look GREAT. -- Rare property that is individually metered for Water, Gas, and Electric. -- $1,650/month already achieved for renovated Studio, and $1,900 already achieved for renovated 1Br/1Ba unit. Property is in exceptional condition -- High tenant turnover in an area so close to a major University will allow the landlord to keep up with the rapidly increasing rental market, and find value-add upside through the continued interior and exterior renovations.

Location

State CA

County Santa Clara

Interior

Heating Wall Furnace

Cooling None

Flooring Tile

Laundry Coin Operated

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

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Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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