Sunday, August 29, 2010

Just Listed! Bank Owned 4plex in Santa Clara $599,900

Very good deal from Bank of America just hit the market. All 2 bedroom, 1 bath units, 2,888 square feet building with 4 one-car garages. Offered at $599,900. Building is vacant now. Units were all most recently rented for $1,250 per month. It is common for banks that foreclose on rental properties to evict the tenants to eliminate the liability of management. Solid rental neighborhood in Santa Clara and the garages are a great amenity. This deal will go fast.