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About This Home
This 8-bedroom, 4-bathroom residential multi family at 450 Lewis RD in San Jose, CA is listed for $1,550,000 ($466 per sqft). Built in 1962, the home offers 3,328 sqft of living space on a 0.23 acres lot.
Fully Rented 4-Plex Investment Opportunity with Upside Potential! This well-maintained 4-unit building is a great addition to any investor's portfolio. Located in a safe and convenient neighborhood, the property offers consistent rental demand, long-term tenants, and room to grow your profits.
Property Highlights: Unit Configuration: Four units (4x 2-bed/1-bath) ideal for owner-occupied buyers or for investors Well-Maintained Community: Lewis Road is part of an HOA that ensures clean and well-kept grounds. Parking & Amenities: Includes assigned carports with extra parking spots, a shared laundry facility, and balconies/patios for tenant enjoyment.
Prime Convenience: Close to major employers, shopping, dining, schools, churches, and public transportation, making it a practical choice for families and ensuring steady rental income and high occupancy rates. Value-Add Potential: Some units need upgrades, offering an opportunity to increase profitability through market rent adjustments or cosmetic improvements to boost appeal.
This property is a solid investment for seasoned investors or first-time buyers entering the multi-family market. Schedule your private tour today and discover why this property is the perfect fit for your portfolio!
Key Features
- Built in 1962
- 0.23 acre lot
Property Details
Monthly Cost Estimate
$8,290/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
450 Lewis RD
San Jose, CA 95111
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 450 Lewis RD is listed at $1,550,000 ($466/sqft). The estimated monthly payment is $6,717 based on 20% down at 6.5% interest.
Key features include: Built in 1962, 0.23 acre lot.
This property is listed by Melinda Collins and can be reached at 4088540828 or melinda@nexthomeaxisrealty.com.