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… Read More 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. Read Less
Courtesy of eXp Realty of California Inc, Tracey McNeely 408-401-6501
Listing Snapshot
Days Online
27
Last Updated
Property Type
Duplex
Square Ft.
1,592
Lot Size
0.14 Acres
Year Built
1954
MLS Number
ML82052659
30 Days Snapshot Of 95128
$1.21M
-20%
(avg) sold price
12
-14%
homes sold
27
+22%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 6300.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 823 square feet, Unit 1 rent: $2,861
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 822 square feet, Unit 2 rent: $1,551
Accessibility Features
None
Building
Built in 1954, 2 building units, 1 building, 1,592 structure square feet
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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