The Multifamily Team of Colliers International is pleased to present the opportunity to acquire 27 Topeka Avenue, a 7-unit Multi-Family apartment building in the highly desirable Burbank neighborhood of San Jose. Constructed in 1953, the property consists of two (2) studios and five (5) one-bedroom/one-bathroom units on a 5,625 square foot lot. The building is composed of a wood-frame construction with a single-ply flat roof and has a gross-livable area of 3,450 square feet. The property has heating, A/C, kitchen, new appliances, an on-site laundry facility that is coin-operated, double pane windows, wall furnace/gas, and individual water heaters. The investment appeal of this asset is driven by San Joses strong employment fundamentals and low vacancy levels.
|LAST UPDATED||8/13/2019||YEAR BUILT||1953|
|COMMUNITY||Central San Jose||COUNTY||Santa Clara|
|STATUS||Active||PROPERTY TYPE(S)||Commercial Multi-Residential (5+ units)|
|ADDITIONAL LISTING INFO||Not Applicable|
|ADDITIONAL ROOMS||Laundry Room|
|CONSTRUCTION TYPE||Wood Frame|
|GARAGEPARKINGSPACES||Attached Garage, Detached Garage, On Street|
|HEATING||Central Forced Air - Gas|
|KITCHEN||Appliances - Vary by Unit, Countertop - Granite, Refrigerator|
|LISTING CLASS||Commercial Multi-Residential (5+ units)|
|METERS||Master Water, Separate Electric, Separate Gas|
|NUMBER OF BUILDINGS||-6|
|ROOF||Flat / Low Pitch|
|SEWER SEPTIC||Sewer in Street|
|SUBCLASS||Five or More Units|
|UTILITIES||Individual Electric Meters, Individual Gas Meters|
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