720 DEMPSEY ROAD, MILPITAS CA 95035
12 BED | 6 BATH | 4,678 SF | 0.26 ACRES
SOLD AT $2,065,000
Opportunity awaits at this Milpitas 4-Plex with tremendous annual income. Each unit features 3 bedrooms, 2 bathrooms and a 2 car garage. Over $140k in annual income with additional upside potential due to no Rent Control in the city of Milpitas. Close proximity to major tech giants and easy access to major highways makes this an excellent investment for future appreciation.
OPERATING EXPENSES
Annual Tax Amount $13,627
Annual Expense Insurance $1,100
Annual Expense Landscape $720
Annual Garbage & Water/Sewer Expense $9260
Total Expenses $24,707
INCOME
Annual Water Portion Paid by Tennant - $4800
Annual Rents Received $143,196
Total Gross Annual Income 2017 - $147,996
Net Annual Income After Expenses - $123,289
MONTHLY RENT ANALYSIS 2017
Unit 1 - 3/2 - $3000
Unit 2 - 3/2 - $2733
Unit 3 - 3/2 - $3000
Unit 4 - 3/2 - $3200
PHOTO GALLERY
LOCATION
ENRIQUE MEDELLIN
BRE 01449832
408-416-2488
DAVID LLORENTE
BRE 02037669
408-416-2488
