640 Harrison Street
Santa Clara, CA 95050
3041 sqft | 0.17 acres | #ML82001940
Description
Skip the volatility of the stock market and invest in a fixed asset with predictable income. This Santa Clara triplex features 8 bedrooms and 4 bathrooms, and starting July 1st, generates $12,000/month on a 12-month lease with a strong 5.12% cap rate and tenants covering all utilities. Hello, instant cash flow! Recent renovations include new flooring throughout, updated kitchen cabinets with granite and quartz countertops, modern bathroom vanities, new fixtures, and copper plumbing for long-term value. Located directly across from the Santa Clara Caltrain station and future BART stop, and just a short walk to Santa Clara University, this property is perfectly positioned for consistent rental demand in a high-growth area. Predictable income. Prime location. Upside potential.
Property Details
- FoundationConcretePerimeter, Slab
- Property TypeMulti-Family
- CountySanta Clara
- Original List Price$2,188,000
- MLS #ML82001940
- MLS #ML82001940
- Taxes Annual$20,487
- Cost2188000
- Property SubtypeTriplex
- Utility SourcePublic
- School DistrictOther
- InteriorLoft
- Acres0.17
- Square Feet3041
- Year Built1900
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Collin Forgey (#ML5079600)
Listing Office: JMK Investments (#ML33342)
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