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298 Madison St

Santa Clara, CA 95050
  • $2,600,000
  • STATUS: Active Under Contract
  • ON SITE: 145 Days
  • ID#: ML81883193
Under Contract
UPDATED: 32 min ago
$2,600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,812
    SQFT
  • $682
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:
Area:

School Ratings & Info

Description

Magnify is pleased to present the opportunity to acquire 298 Madison Street, a prime 6-unit building located in the highly desirable city of Santa Clara. Constructed in 1958, the property consists of (1) 3BD/1BA, (1) 2BD/1BA, and (4) 1BD/1BA amounting to 3,312 building square feet. Additional square footage was also converted to livable space in two units and this is not included in county records. The property has nice curb appeal and sits on a large 8,777 square foot lot with strong in-place rents. There is an opportunity to create a 7th unit by converting the large garage into an ADU with a private backyard. The building has dual-pane windows, coin operated laundry, and two units include private patios. The property is less than 1 mile from Santa Clara University and just a short drive from other top attractions including Santana Row and the Pruneyard. It is also located near top tech employers in the Silicon Valley including NVIDIA, AMD, and Applied Materials.

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© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-08-13T09:49:45.233. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Goss Real Estate Group, Keller Williams Bay Area Estates.

Licensed in the State of California.
www.thegossrealestategroup.com/homes/126888751
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298 Madison St Santa Clara, CA 95050

  • Price: $2,600,000
  • Status: Active Under Contract
  • On Site: 145 Days
  • Updated: 32 min ago
  • ID#: ML81883193
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,812
SQFT
$682
$/SQFT
1958
Built
Neighborhood:
Santa Clara
County:
Santa Clara
Area:
Santa Clara
Property Description
Magnify is pleased to present the opportunity to acquire 298 Madison Street, a prime 6-unit building located in the highly desirable city of Santa Clara. Constructed in 1958, the property consists of (1) 3BD/1BA, (1) 2BD/1BA, and (4) 1BD/1BA amounting to 3,312 building square feet. Additional square footage was also converted to livable space in two units and this is not included in county records. The property has nice curb appeal and sits on a large 8,777 square foot lot with strong in-place rents. There is an opportunity to create a 7th unit by converting the large garage into an ADU with a private backyard. The building has dual-pane windows, coin operated laundry, and two units include private patios. The property is less than 1 mile from Santa Clara University and just a short drive from other top attractions including Santana Row and the Pruneyard. It is also located near top tech employers in the Silicon Valley including NVIDIA, AMD, and Applied Materials.
Exterior Features

Foundation Concrete PerimeterPost And Pier Garage Parking Detached Garage Number Of Buildings 1 Pool YN No Roof CompositionShingle Units In Complex Min 6

Interior Features

Beds Unit1 1 Beds Unit2 2 Beds Unit3 3 Cooling Ceiling Fan Heating Wall Furnace Laundry Coin Operated Sq Ft Unit1 500 Sq Ft Unit2 600 Sq Ft Unit3 712 Structure Sq Ft 3812

Property Features

Accessibility Features Parking Additional Listing Info Not Applicable City Name Santa Clara Hoa YN No Lot Size Area Maximum 8777.00 Meters Master WaterSeparate ElectricSeparate Gas Rent Unit1 2078 Rent Unit2 2670 Rent Unit3 2708 Restrictions None Security Features None Sewer Septic Sewer - Public Sq Ft Source Other Utilities Individual Electric MetersIndividual Gas MetersPublic Utilities Water Public Zoning R3

© 2022 MLSListings Inc. All rights reserved. Listing provided courtesy of Eric Katz of Katz Inc.


© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-08-13T09:49:45.233. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Goss Real Estate Group, Keller Williams Bay Area Estates.

Licensed in the State of California.
 
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