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About the Listing ML5009355 - ML5100880
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.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
ML82052659
Year Built
1954
Total Square Footage
1,592
Lot/Acreage
0.14
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 2
- Zoning: R2
- Roof: Composition
- Others:
- Sewer: Public Sewer
- Parking Features: Uncovered
Financial Details
- Tax Amount: $1,667
- Taxes w/Assessments: N/A
- Tax/Property ID: 28231008
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
964 Princess Anne Dr San Jose, CA 95128
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