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317 Perrymont Avenue, San Jose, California 95125, San Jose, 95125 - bed, bath

317 Perrymont Avenue, San Jose, California 95125 home-pic-0
ACTIVE$1,198,000
317 Perrymont Avenue, San Jose, California 95125
0Bed
0Bath
1,908Sqft
6,732Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Triplex: The property is a triplex, explicitly positioned as an income-generating investment, offering three separate units for rental income.
Top Cons:
Age of Property & Potential for Dated Interiors: Built in 1954, the property's age suggests that units may require significant updates or renovations to meet modern tenant expectations and maximize rental income, as no recent upgrades are mentioned.

Compared to the nearby listings

Price:$1.20M vs avg $1.40M ($-202,000)33%
Size:1,908 sqft vs avg 1,908 sqft50%
Price/sqft:$628 vs avg $66333%

More Insights

Built in 1954 (71 years old).
Condition: Built in 1954, this property shows signs of regular maintenance, including a seemingly newer roof and fresh paint. However, the interior, particularly the kitchen and bathroom, features outdated elements. The kitchen has older wood cabinets, laminate countertops, and dated vinyl flooring, despite a more recent mosaic tile backsplash. The bathroom is functional with basic white subway tile and standard fixtures. While clean and move-in ready, the property's major components are functional but clearly show their age and would benefit from significant cosmetic and functional updates to meet current standards.
Year Built
1954
Close
-
List price
$1.2M
Original List price
$1.3M
Price/Sqft
$628
HOA
-
Days on market
-
Sold On
-
MLS number
ML81997567
Home ConditionFair
Features
View-

About this home

Discover the endless possibilities at 317 Perrymont Avenue, a centrally located triplex offering 1,908 total square feet of interior living space across 3 separate units. Each approximately 636 square-foot unit features a spacious living room, dine-in kitchen, laundry room, one bedroom, and a full bathroom, providing comfortable and functional living spaces for residents. Each of the three units has its own separate meter for water, gas & electricity, ensuring independent and streamlined utility management. The 6,732 square-foot lot includes a large front lawn, a long private driveway, and a covered carport with three dedicated parking spaces. Situated in a prime San Jose location, this triplex offers quick access to commuter routes via Monterey Road, Almaden Expressway & Highway 87. Enjoy the convenience of nearby shopping, dining, and entertainment at The Plant Shopping Center and Santa Clara County Fairgrounds. Whether you're looking for an income-generating investment or a property with future potential, 317 Perrymont Avenue presents an exceptional opportunity. Take advantage of this amazing property before its gone!

Condition Rating
Fair
Built in 1954, this property shows signs of regular maintenance, including a seemingly newer roof and fresh paint. However, the interior, particularly the kitchen and bathroom, features outdated elements. The kitchen has older wood cabinets, laminate countertops, and dated vinyl flooring, despite a more recent mosaic tile backsplash. The bathroom is functional with basic white subway tile and standard fixtures. While clean and move-in ready, the property's major components are functional but clearly show their age and would benefit from significant cosmetic and functional updates to meet current standards.
Pros & Cons

Pros

Income-Generating Triplex: The property is a triplex, explicitly positioned as an income-generating investment, offering three separate units for rental income.
Separate Utility Meters: Each of the three units has its own separate meter for water, gas, and electricity, simplifying utility management and tenant billing for the owner.
Prime San Jose Location: Situated in a prime San Jose location with quick access to major commuter routes (Monterey Road, Almaden Expressway & Highway 87) and proximity to shopping, dining, and entertainment.
Dedicated Parking: The property includes a long private driveway and a covered carport with three dedicated parking spaces, a significant advantage in an urban setting.
Individual Unit Laundry Rooms: Each unit features its own laundry room, providing a highly desirable amenity for tenants and enhancing rental appeal.

Cons

Age of Property & Potential for Dated Interiors: Built in 1954, the property's age suggests that units may require significant updates or renovations to meet modern tenant expectations and maximize rental income, as no recent upgrades are mentioned.
Small Unit Sizes: Each unit is approximately 636 square feet, which is relatively small for a 1-bedroom unit, potentially limiting the tenant pool or future rent growth without interior redesign.
Limited Shared Amenities: While there is a large front lawn, the description does not detail any specific shared amenities or private outdoor spaces for tenants beyond the individual units, which could be a drawback for some renters.

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