Manning Realty
Michael Manning, Manning RealtyPhone: (408) 218-1628
Email: mlmanning@gmail.com
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listing
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Residential IncomeFor Sale
$2,095,000
786 Sharmon Palms Lane
Campbell, CA 95008
Listed by Ramaswamy Ramkumar DRE#01066689 sabarirealty@gmail.com Sabari Realty
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$10,914/mo

Prime 4-unit investment property in a nice Campbell area with an easy commute, proximity to freeway / expressway / shops/schools / parks. Property has four 2 bedroom/1 bathroom units. All units have been maintained and improved by seller over the past 8+ years. Gross TY2023 rental income was $107,164 ($8,930 each mo.) and the operating 2023 expenses were $36,676. At the list price, this yields a GRM of 20 with an estimated Cap Rate of 3.36%. Please drive by but do not disturb tenants. Buyer offer will be contingent on acceptance after property inspection.

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