1200 E William Court , San Jose, CA 95116
San Jose, CA 95116
Description
Investor opportunity! Rare 6-Unit Offering in East San Jose's Federal Opportunity Zone, a unique investment opportunity with huge upside potential. This property consists of two legal parcels, offering flexibility for investors to acquire as either two 3-plexes or a combined 6-unit multifamily. Two Parcels can be sold together or separately - APN : 472-04-095 (has units A, B, C - right-side building) / 472-04-096 (has units D, E, F - left-side building). 6 Units Total Two 3-Br, 1.5-ba units, Four 2-Br / 1.5Ba units. 3,420 Sq.Ft. Located in a Designated Opportunity Zone Potential tax incentives for qualified investors. Undermarket Rents Strong value-add potential. Needs Some TLC Great candidate for renovation and repositioning. The location of the subject property is within Census Tract 5031.22, which is designated as a Qualified Opportunity Zone. For definitive confirmation, its advisable to consult official resources such as IRS Opportunity Zones Map.
Details
| MLS# | ML82000114 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 26 |
| Listing Provided By | NextHome Axis Realty 408-854-0828 | Melinda Collins |
Features
| SQ Feet | 6,840 |
|---|---|
| Car Port | Yes |
| Building(s) | 2 |
| Zoning | R3 |
| Acreage | 0.19 |
Market Activity 95116
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Learn More About This Property
| State | CA |
|---|---|
| County | Santa Clara |
| City | San Jose |
| Zip Code | 95116 |
| Area | 699 Not Defined |
| School District | San Jose Unified |
| Listing VS Median (In 95116) | |
Price: $3,095,000 low | high Med: $919,444 SqFt: 6,840 low | high Med: 1,237 $ / SqFt: $452 low | high Med: $748 On site: 26 low | high Med: 80.500000 | |