720 DEMPSEY ROAD, MILPITAS CA 95035

12 BED | 6 BATH | 4,678 SF | 0.26 ACRES

SOLD AT $2,065,000

Opportunity awaits at this Milpitas 4-Plex with tremendous annual income. Each unit features 3 bedrooms, 2 bathrooms and a 2 car garage. Over $140k in annual income with additional upside potential due to no Rent Control in the city of Milpitas. Close proximity to major tech giants and easy access to major highways makes this an excellent investment for future appreciation.


OPERATING EXPENSES

Annual Tax Amount $13,627

Annual Expense Insurance  $1,100

Annual Expense Landscape $720

Annual Garbage & Water/Sewer Expense $9260

Total Expenses $24,707

 

INCOME

Annual Water Portion Paid by Tennant - $4800

Annual Rents Received $143,196

Total Gross Annual Income 2017 - $147,996

Net Annual Income After Expenses - $123,289

 

MONTHLY RENT ANALYSIS 2017

Unit 1 - 3/2 - $3000

Unit 2 - 3/2 - $2733

Unit 3 - 3/2 - $3000

Unit 4 - 3/2 - $3200


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