Thursday, September 29, 2011
Distressed Duplex in San Jose
This short-sale duplex represents a real value for an investor looking to either get into, or expand their portfolio, in the duplex/ four-plex market. The 1,550 square foot San Jose building, which sits on a 5,600 square foot lot, was built in 1956. The current asking price of $425,000 represents a 33% reduction in price from its original 2005 listing price of $638,000. The two unit building has two - 2 bedroom, 1 bath units, both of which are currently occupied, and is in the Campbell Union School District. This won't be on the market long, contact MPIRES Group to schedule a tour or to obtain further information on this exciting opportunity.