The Multifamily Team of Colliers International is pleased to present the opportunity to acquire 27 Topeka Avenue, a 7-unit Multi-Family apartment building in the highly desirable Burbank neighborhood of San Jose. Constructed in 1953, the property consists of two (2) studios and five (5) one-bedroom/one-bathroom units on a 5,625 square foot lot. The building is composed of a wood-frame construction with a single-ply flat roof and has a gross-livable area of 3,450 square feet. The property has heating, A/C, kitchen, new appliances, an on-site laundry facility that is coin-operated, double pane windows, wall furnace/gas, and individual water heaters. The investment appeal of this asset is driven by San Joses strong employment fundamentals and low vacancy levels.
Individual Electric Meters, Individual Gas Meters
|Price Reduced (from $2,400,000)||$2,250,000||$150,000 (6.25%)|
© 2019 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of December 15th, 2019 at 10:55pm CST.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.