Great Investment Opportunity

*  Total Bldg Size:  1,632 Sq Ft (2 Units)                    *  Lot Size:  5,762 Sq Ft

*   Year Built:  1960                                                             *  Separate PG&E. Common Water (owner paid) 

*   All tenants are M-to-M Lease                                    *  Current Rents:  $44,880/yr (Market  $50,400)

*  Units exempt from San Jose Apartment Rent Ordinance (Rent Control)

Unit Mix:                   

* 744 N11th St:  2Bed/1Bath/816 Sq Ft  $ 1,900/mo                 + 2 Addt'l Non-Conf Bedrooms (total 4 beds) 

* 746 N14th St: *2Bed/1Bath/816 Sq Ft $ 1,840/mo                  

*  $/unit:  $399,925/unit                                                                          *  Annual Mortgage Payment:  $ 992.65 

*  $/SF:  $ 493/sf                                                                                          *  Annual Property Insurance:  $ 606

*  Annual Gross Rent:   $ 44,880                                                              Water Paid:  $ 2,424/yr

*  Annual Interest:  $4,639

Offer Deadline SOLD  

Drive By Only - DO NOT DISTURB TENANTS!

744-746 N 11th Street - VIRTUAL TOUR LINK