964 Princess Anne DR, San Jose, CA 95128
964 Princess Anne DR, San Jose, CA 95128
964 Princess Anne DR, San Jose, CA 95128
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,250,000
Est. payment /mo
1,592 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,592 sqft

Price per Sqft $785

MLS Listing ID ML82052659

HOA Y/N No

Year Built 1954

Annual Tax Amount $1,667

Lot Size 6,298 Sqft

Property Sub-Type Duplex

Property Description

Two words Silicon Valley investors have been waiting to hear: already leased. Welcome to 962/964 Princess Anne Drive, a well maintained income producing duplex tucked in one of San Jose's most strategically positioned pockets, where Willow Glen charm meets Santana Row convenience and Silicon Valley's freeway grid puts the entire Peninsula within reach. Looking to lock in long-term cash flow in a market where vacancy is the real risk, this property checks every box. Sitting on a generous 6,300 square foot lot, this side-by-side duplex delivers two mirrored 2-bedroom, 1-bath units at approximately 822 & 823 square feet each totaling 1,592 square feet of rentable living space. Both units are occupied with long-term tenants providing stable, verified income from day one. Unit 962 is leased at market rate to a long-term tenant with an established payment history. Unit 964 is assisted under the Section 8 Housing payments made directly and reliably to the owner each month a built-in income guarantee With the national housing shortage showing no signs of easing and HCV vacancy rates among the lowest in any asset class, this dual-income stream represents exactly the kind of stability an investor is looking for.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R2

Interior

Cooling None

Fireplace No

Appliance Dishwasher, Gas Cooktop, Microwave, Refrigerator

Exterior

Parking Features Uncovered

Garage Spaces 2.0

Garage Description 2.0

View Y/N No

Roof Type Composition

Accessibility None

Total Parking Spaces 2

Building

Story 1

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 28231008

Special Listing Condition Standard

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Listed by Tracey McNeely eXp Realty of California Inc #01713844

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