Excellent Value Add opportunity!! Bring your contractor and toolbelt. Two properties offered in one sale: a Fourplex (463 S. 7th St.) and a Duplex (469 S. 7th St.) Side by side parcels. The fourplex was constructed in 1954 and consists of stucco over wood frame on a concrete perimeter foundation. The structure is 2,584 SF on a 6,348 SF lot, according to county records. The four one bedroom, one bath units are approximately 645 SF in size. The four units are virtually identical in size and floorplan. The units are rented on a monthly basis at the following rates: $1,540, $1600, $1620 and $700. These rents are below market as the average rental rate for a one bedroom in this area is approximately $1800/month. The fourplex has deferred maintenance and is in need of repairs. Must be sold with duplex at 469 S. 7th St. Marketing package available.
MLS #
ML81855007
MLS Source
MLSListings, Inc.
Buyer's Brokerage Compensation*
2.50%
Appliances
Oven Range - Electric
Laundry
Coin Operated
Cooling
None
Heating
Wall Furnace
Roof
Composition
Foundation
Concrete Perimeter, None, Crawl Space
Garage/Parking
Common Parking Area, Garage: 0 Car(s)
Elementary District
San Jose Unified
High School District
San Jose Unified
Sewer
Public Sewer
Water
Public
Zoning
RM
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | 3 | – |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 645 | 1 | 1/0 | $1,600 |
2 | 645 | 1 | 1/0 | $700 |
3 | 645 | 1 | 1/0 | $1,620 |
4 | 645 | 1 | 1/0 | $1,540 |
463 S 7th St is a Residential Income in San Jose, CA 95112. This 2,584 square foot property sits on a 6,404 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,660,000 and was built in 1954.
This address can also be written as 463 S 7th St, San Jose, CA 95112.©2024 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of July 08, 2022. For the most current information, please contact Michael Shields, (408) 356-1900