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    115 Murphy Avenue

    Sunnyvale, CA 94086
    • $1,600,000
    • STATUS: Active Under Contract
    • ON SITE: 207 days
    • ID#: ML81785497
    Under Contract
    UPDATED: 50 min ago
    $1,600,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,252
      SQFT
    • $710
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    Property generates $9,000 per month in rental income. Excellent cash flow! Are you looking for a property with huge rental income potential* or a large extended-family compound? Well look no further! The original, front house has been enlarged to 5 bedrooms and 2 bathrooms with a beautifully-updated kitchen with granite counters and farmhouse sink. The back building includes three downstairs units and one penthouse unit. The buildings also have double paned windows, R30 insulation, two boilers (one for each structure), upgraded electrical, gas, and solar on the front house.The property also boasts an oak tree that is over 200 years old in the front yard. 1,452 sq. ft. main house (per REALIST), approximately 1,300 sq. ft. rear units. (Buyer to confirm)

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-30T14:33:11.787. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.

    www.theashleycooperteam.com/homes/103895291
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    115 Murphy Avenue Sunnyvale, CA 94086

    • Price: $1,600,000
    • Status: Active Under Contract
    • Updated: 50 min ago
    • ID#: ML81785497
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,252
    SQFT
    $710
    $/SQFT
    1949
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Santa Clara
    Area:
    699 - Not Defined
    Property Description
    Property generates $9,000 per month in rental income. Excellent cash flow! Are you looking for a property with huge rental income potential* or a large extended-family compound? Well look no further! The original, front house has been enlarged to 5 bedrooms and 2 bathrooms with a beautifully-updated kitchen with granite counters and farmhouse sink. The back building includes three downstairs units and one penthouse unit. The buildings also have double paned windows, R30 insulation, two boilers (one for each structure), upgraded electrical, gas, and solar on the front house.The property also boasts an oak tree that is over 200 years old in the front yard. 1,452 sq. ft. main house (per REALIST), approximately 1,300 sq. ft. rear units. (Buyer to confirm)
    Exterior Features

    Carport Spaces 0.00 Foundation Details Concrete PerimeterSlab Garage Spaces 0.00 Lot Features Back Yard Lot Size Source Gis Calculated Lot Size Units Square Feet Parking Features UnpavedNo DrivewayPorte-CochereOtherDrivewayPavedDriveway - CombinationConcreteSee RemarksGravelAsphaltDriveway - BrickGuardedCircular Driveway Parking Total 0.00 Parking YN Yes Roof Asbestos ShingleShingle

    Interior Features

    Cooling Whole House Fan Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Accessibility Features None Cap Rate 6.15 Gross Multiplier 14.81 Gross Scheduled Income 108000.00 Insurance Expense 2500.00 Maintenance Expense 0.00 Professional Management Expense 0.00 Special Listing Conditions Standard Trash Expense 1000.00 Zoning R2

    Listing provided courtesy of Dave Clark of Keller Williams Realty-Silicon


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-30T14:33:11.787. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.

     
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