Tuesday, February 17, 2009

2 Bank Owned Duplexes Ripe for the Picking

Blossom Valley - over 2,200 square feet, great configuration of 3 bed, 2 bath and 2 bed, 1 bath units. Separate 1 car garages. Near Westfield Oakridge Mall. Sold for $770,000 in July 2005, now offered at $539,900.

San Jose City College area duplex - 1,680 square feet, 2 bedroom, 1 bath each unit with separate 1 car garages. Each unit has a separate den making it effectively a 3 bedroom on each side. Sold in May 2006 for $770,000 (coincidentally the same price as above). Now asking just under $500,000.

Both of these properties are on strong streets and good neighborhoods. Worthy rental investment properties that will produce income into the future. And... some good price appreciation when the market comes back.

Let me know if you want to see these great opportunities.

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