Active
786 Sharmon Palms LN
CAMPBELL CA, 95008
$2,095,000
$665.08 per sqft
Active
2 Beds
1 Bath
3,150 sqft
Multi-family
Built in 1962
Prime 4-unit investment property in a nice Campbell area with an easy commute, proximity to freeway / expressway / shops/schools / parks. Property has four 2 bedroom/1 bathroom units. All units have been maintained and improved by seller over the past 8+ years. Gross TY2023 rental income was $107,164 ($8,930 each mo.) and the operating 2023 expenses were $36,676. At the list price, this yields a GRM of 20 with an estimated Cap Rate of 3.36%. Please drive by but do not disturb tenants. Buyer offer will be contingent on acceptance after property inspection.
PW24092348MR
MLSⓇ ID
May 7, 2024
Listed
November 22, 2024
Updated
Map
786 Sharmon Palms LN
CAMPBELL CA, 95008
Interior Features
Total Stories
2
Bedrooms
2
Total Bathrooms
1
Appliances
Dishwasher, Laundry Area, Refrigerator, Vented Exhaust Fan
Laundry Description
Laundry Area
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.18 Acres
Roof
Composition
Sewer
Public Sewer
Other Property Details
Area Name
Out of Area
Days on Market
180
Garage
Yes
Garage Spaces
6
Parking
Carport
Parking Total
12
View
No
County
Santa Clara
Water Source
Public
Pool
No
Pool Features
None
Zoning
R2S
Listed by Ramaswamy Ramkumar with Sabari Realty
Listing Contact: 562-652-2379
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Data last updated 11/22/2024