Skip the volatility of the stock market and invest in a fixed asset with predictable income. This Santa Clara triplex features 8 bedrooms and 4 bathrooms, and starting July 1st, generates $12,000/month on a 12-month lease with a strong 5.12% cap rate and tenants covering all utilities. Hello, instant cash flow! Recent renovations include new flooring throughout, updated kitchen cabinets with granite and quartz countertops, modern bathroom vanities, new fixtures, and copper plumbing for long-term value. Located directly across from the Santa Clara Caltrain station and future BART stop, and just a short walk to Santa Clara University, this property is perfectly positioned for consistent rental demand in a high-growth area. Predictable income. Prime location. Upside potential.
Property Details
Price:
$2,188,000
MLS #:
ML82001940
Status:
Pending
Baths:
0
Address:
640 Harrison Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
699notdefined
City:
Santa Clara
Listed Date:
Apr 10, 2025
State:
CA
ZIP:
95050
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1900
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Schools
Interior
Accessibility Features
None
Appliances
Dishwasher, Gas Cooktop, Disposal, Microwave, Electric Cooktop, Refrigerator
Cooling
Central Air, Wall/ Window Unit(s)
Flooring
Tile, Carpet
Heating
Wall Furnace
Exterior
Foundation Details
Concrete Perimeter, Slab
Garage Spaces
0.00
Parking Spots
5.00
Roof
Composition
Stories Total
2
Water Source
Public
Financial
Taxes
$20,487
Map
Community
- Address640 Harrison Street Santa Clara CA
- Area699 – Not Defined
- CitySanta Clara
- CountySanta Clara
- Zip Code95050
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640 Harrison Street
Santa Clara, CA
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