964 Princess Anne Drive, San Jose, CA 95128
List Price: $1.25M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms · 1,592 sq ft
Property Type: ResidentialIncome
Year Built: 1954
Lot Size: 6,300 sq ft
Garage Spaces: 2
Annual Property Tax: $1,667
MLS Number: ML82052659
About This Property
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 provided by: Tracey McNeely DRE #01713844 (888) 584-942... twmrealty@gmail.com, eXp Realty of California Inc
Source: CRMLS, MLS #: ML82052659
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.