537 N ABEL STREET, MILPITAS CA 95035

8 BED | 4 BATH | 3699 SF | 8750 SF Lot

LISTED AT $1,999,999

Opportunity awaits at this Milpitas 4-Plex with Excellent annual income. Each unit features 2 bedrooms, 1 bathroom and carport parking. Fully occupied, enjoy immediate income with significant additional upside potential due to no Rent Control in the city of Milpitas. Close proximity to major tech giants, BART and easy access to major highways makes this an excellent investment for future appreciation.


OPERATING EXPENSES

Annual Tax Amount $2,215.38

Annual Expense Insurance  $2,400

Annual Garbage $1,740

Annual Water $3,200

Total Expenses $7,340

 

INCOME

Annual Rents Received $84,000

 

MONTHLY RENT ANALYSIS 2017

Unit 1 - 2/1 - $1,900

Unit 2 - 2/1 - $1,700

Unit 3 - 2/1 - $1,700

Unit 4 - 2/1 - $1,700


PHOTO GALLERY


LOCATION

 

 
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ENRIQUE MEDELLIN
BRE 01449832
408-416-2488

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DAVID LLORENTE
BRE 02037669
408-416-2488