640 Harrison ST Active Save Request In-Person Tour Request Virtual Tour
Santa Clara,CA 95050
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,041 sqft
Price per Sqft $719
MLS Listing ID ML82001940
HOA Y/N No
Year Built 1900
Annual Tax Amount $20,487
Lot Size 7,405 Sqft
Property Sub-Type Triplex
Property Description
Skip the volatility of the stock market and invest in a fixed asset with predictable income. This Santa Clara triplex features 8 bedrooms and 4 bathrooms, and starting July 1st, generates $12,000/month on a 12-month lease with a strong 5.12% cap rate and tenants covering all utilities. Hello, instant cash flow! Recent renovations include new flooring throughout, updated kitchen cabinets with granite and quartz countertops, modern bathroom vanities, new fixtures, and copper plumbing for long-term value. Located directly across from the Santa Clara Caltrain station and future BART stop, and just a short walk to Santa Clara University, this property is perfectly positioned for consistent rental demand in a high-growth area. Predictable income. Prime location. Upside potential.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R1
Interior
Interior Features Loft
Heating Wall Furnace
Cooling Central Air,Wall/Window Unit(s)
Flooring Carpet,Tile
Fireplace No
Appliance Dishwasher,Electric Cooktop,Gas Cooktop,Disposal,Microwave,Refrigerator
Exterior
View Y/N No
Roof Type Composition
Accessibility None
Total Parking Spaces 5
Building
Story 2
Foundation Concrete Perimeter,Slab
Water Public
Architectural Style Victorian
Schools
School District Other
Others
Tax ID 23007048
Acceptable Financing FHA,VA Loan
Listing Terms FHA,VA Loan
Special Listing Condition Standard