$1,595,000
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2529 Madden Ave is a 4-unit two-story building consisting of (2) 3 Bed 1 Bath and (2) 2 bed 1 bath units. The area where the building is situated has plenty of off-street parking, and the property provides designated parking spaces for its tenants. The building has a great corner 0.13-acre lot with an on-site washer/dryer. Fully rented with record low vacancy rates in the last 5+ years. All of the units have long-term tenants, and a professional property management company currently manages it. The property is right off of 680 and McKee Rd, providing its residents with easy and hassle-free access to California 680, 880, and Freeway 101; quite convenient for the daily commuter. San Jose is home to many companies, such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, the nearby Apple Headquarters in Cupertino. The roof is made of vinyl membrane and fairly new. The building has a fresh coat of paint and all-new windows. The foundation is a concrete perimeter with a crawl space. The property has a communal patio and manicured landscaping that is taken care of by one of the tenants. Unit 2 rents out storage at $110.
Based on information from California Regional Multiple Listing Service, Inc. as of May 15th, 2024 at 4:20pm PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.