Bought with Laura Kreuger • Asset Locale, Inc
$2,180,000
$2,188,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
3,041 SqFt
SOLD DATE : 05/15/2025
Key Details
Sold Price $2,180,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,041 sqft
Price per Sqft $716
MLS Listing ID ML82001940
Sold Date 05/15/25
HOA Y/N No
Year Built 1900
Lot Size 7,405 Sqft
Property Sub-Type Triplex
Source Datashare MLSListings
Property 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.
Location
State CA
County Santa Clara
Interior
Heating Forced Air
Flooring Tile
Fireplace No
Building
Water Public
Schools
School District Santa Clara Unified, Santa Clara Unified
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