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786 Sharmon Palms Lane

Campbell, CA 95008

$1,999,000

| 3,150 sq. ft.

Status: Active Area: 699 - Not Defined
Year Built: 1962 MLS#: PW26025590

Description

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 ten years. Gross TY2025 rental income was $116,420 including $1,520 in laundry cash. The 2025 operating expenses, without accounting for depreciation, were $47,695. At the list price, this yields a GRM of 17 with an estimated Cap Rate of 3.5%. Please drive by but do not disturb tenants. Buyer offer will be contingent on acceptance after property inspection.

Features

    Appliances: Dishwasher, Disposal, Range Hood, Refrigerator, Vented Exhaust Fan
    Heating: Wall Furnace
    Cooling: Wall/Window Unit(s)
    Structure Type: Other Association Amenities: N/A
    Pool Descriptions: None
    Price/sqft: $635
    Parking Spaces: 12
    Total Floors: 2

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.