Residential Income in San Jose

$1,250,000

964 Princess Anne Drive, 95128, San Jose, CA

Residential Income for sale in San Jose, 964 Princess Anne Drive, 95128, 1592 m²

964 Princess Anne Drive, 95128, San Jose, CA

$1,250,000

1592
Type: Residential Income

Description

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.

Location

964 Princess Anne Drive, 95128, San Jose, CA

Data

Object TypeResidential Income
Purchase Price$1,250,000
Living Space1592 m²
Plot Size585.29 m²
BathroomsN/A
Construction Year1954
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeNatural Gas
Primary Energy SourceN/A
Construction Year1954
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent