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$987000 - TWO HOUSES!!! 3/1-1600SF+1/1-800SF+2 CAR GAR.+8640SF LOT!!!!!!!!!!! (campbell)

 
Title $987000 - TWO HOUSES!!! 3/1-1600SF+1/1-800SF+2 CAR GAR.+8640SF LOT!!!!!!!!!!! (campbell)
Category Real Estate : Houses for Sale
Created 03/15/06
Description TWO LEGAL SEPARATE HOUSES AND 2 CAR GARAGE ON ONE LARGE LOT!!!!!!!!!!!!!!!!!!!!

Excellent Campbell location and neighborhood. Walk to downtown, community center, Plaza shopping center, John Morgan Park (tennis courts, basketball, volleyball, horseshoe, picnic, etc...) and Campbell Middle School.

Easy access to freeway 880/17, 85 and San Tomas Expwy. Easy 5-10 minute walk to VTA LIGHT RAIL!!

Property is located on the north side of Cherry Lane, about half way between Winchester Blvd. and Campbell Middle school (not too close to Winchester blvd. or to the school).

Major cross streets are Winchester Blvd. and Campbell Ave.

FRONT HOUSE: 3 large bedrooms, 1 bath, fireplace, huge living room, large kitchen and dining room, approx 1600 sf. Newer Presidential roof, new seamless aluminum gutters and a power exhaust attic fan. There is a whole house fan installed in the hallway ceiling, which works great to keep the house cool in summer. Lots of insulation in attic, house stays very cool without the use of AC (air conditioning). Lots of windows/light. Hardwood floors (under carpet), large rooms, utility room, excellent floor plan. Owner lives in front house. Easy/logical conversion to 3 bedroom-2 bath without moving walls.

BACK HOUSE: Very roomy private cottage in rear, 1 bedroom, 1 bath, approx 800 sf. Remodeled kitchen and bath. Full size Maytag washer/dryer stack unit in kitchen. Forced air heat. Copper plumbing, upgraded electrical. Rents for approximately $1300.

GARAGE: 2 car, attached to back house. The garage was split into two 1-car garages so that I could offer a private one car garage to go with the rear house rental and also have a private one car garage to go with the front/main house.

LOT SIZE: 8640 sf (64 X 135)

Lots of character and upside potential. Lots of trees. Huge avocado and other fruit bearing trees (orange, tangerine, plum, cherry, fig, nectarine).

All appliances in both houses included in sale.

Property is to be sold AS IS. There is a transferable drywood termite insurance policy on this property through Terminix paid through 5-31-07.

YES, I WILL COOPERATE WITH BUYERS AGENTS!!!!!!!!!!! I plan to hire a Real Estate professional to handle my end of the transaction or both ends of the transaction if no buyer's agent is involved.

NOTE: This property is classified (in writing) as legal non-conforming by the city of Campbell planning dept.

YES THIS PROPERTY NEEDS SOME WORK BUT I FEEL IT IS A GREAT BUY CONSIDERING A TOTAL OF APPROX. 2400SF BUT WITH THE ADVANTAGE OF THE SF BEING SPLIT BETWEEN TWO LEGAL "SEPARATE" HOUSES. ALSO A GREAT INCOME PROPERTY!

THIS IS ONLY $411/sf, ABOUT 16% BELOW THE MEDIAN OF APPROX. $491/sf FOR CAMPBELL (AND THIS $491 FIGURE IS FOR ONLY ONE HOUSE, NOT CONSIDERING THE ADDED VALUE FOR TWO LEGAL (non-conforming) SEPARATE HOUSES OR A LARGE LOT AND BETTER THAN AVERAGE LOCATION)!!!!



IT,S BETTER THAN A DUPLEX FOR SEVERAL REASONS:

1. NO ADJOINING WALLS.

2. LOCATED IN A NICE SINGLE FAMILY NEIGHBORHOOD (NOT A DUPLEX NEIGHBORHOOD-BIG DIFFERENCE).

3. THIS LOT IS MUCH BIGGER THAN A TYPICAL DUPLEX LOT.



SORRY, NO PICTURES.



***Call Kurt at 408-866-5878 or e-mail. Feel free to call me with any questions you may have.

OBVIOUSLY, YOU ARE FREE TO DRIVE BY, BUT PLEASE CALL FIRST IF YOU WOULD LIKE TO SEE THE PROPERTY!!!!!!!!!!!!!!! PLEASE DO NOT DROP BY WITHOUT NOTICE. THANK YOU!!!!!!
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