Marcus & Millichap are pleased to announce the exclusive offering of 165 Gramercy Place in San Jose, California. The unit mix consists of one, three-bedroom/one- bath and three, two-bedroom/one-bath units. The building features on-site laundry and reserved covered parking for each unit. Two out of the four units were remodeled within the past year while all units have been remodeled with granite countertops, new plumbing fixtures*, new cabinets, range hoods*, and tile or wood flooring. In the past 3 years the building was upgraded with a new 75-gallon water heater, new main water lines from the street to the building and the exterior has been painted. In the past 5 years the roof was redone and was recently sealed in the month of January. Currently the tenants are being charged an average ~$120 per unit per month in water utility charges. This is included as part of their rent in the rent roll.
Listing courtesy of Carlos Azucena from Marcus & Millichap
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