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.
MLS #
ML81883193
MLS Source
MLSListings, Inc.
Laundry
Coin Operated
Cooling
Ceiling Fan
Heating
Wall Furnace
Roof
Composition, Shingle
Foundation
Concrete Perimeter, Pillar/Post/Pier
Garage/Parking
Detached, Garage: 2 Car(s)
Elementary District
Santa Clara Unified
High School District
Santa Clara Unified
Sewer
Public Sewer
Water
Public
Zoning
R3
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 6 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 500 | 1 | 1/0 | $2,078 | $2,350 | 4 |
2 | 600 | 2 | 1/0 | $2,670 | $2,670 | 1 |
3 | 712 | 3 | 1/0 | $2,708 | – | 1 |
298 Madison St is a Residential Income in Santa Clara, CA 95050. This 3,812 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1958.
This address can also be written as 298 Madison St, Santa Clara, CA 95050.©2024 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of December 17, 2024. For the most current information, please contact Eric Katz, (408) 438-0969