685-687 Banff Street, San Jose, CA 95116

By
Real Estate Agent with KW Bay Area Estates CA BRE# 00993009

685-687 Banff Street, San Jose, CA  95116

 

DUPLEX FOR SALE

 

685-687 Banff Street

San Jose,  Ca  95116

 

Offered at $599,950

 

 

 

With values escalating upward in Silicon Valley, it's no wonder that there is alot of interest in this property.  Here is a terrific and affordable Central San Jose duplex for sale and a great option to live in or to invest in with loads of potential for your consideration.  One such property is 685-687 Banff Street, San Jose, CA  95116.  

 

For more listings in the Central San Jose area, click here.

 

Map of 685-687 Banff Street, San Jose
This property offers lots of options at many levels.    It is a great option for a buyer who wants to live in one and rent out the other or share in the costs to purchase the "American dream!"  In pricey Santa Clara County, paying only $300,000 per unit is a bargain compared to purchasing a condo where you can only get a one bedroom condo with only 760-822sf.  Built in 1958, the subject duplex boasts two units, each with 2 bedrooms, 1 bathrooms with approximately 926 sf of living space, and includes a gated yard for each unit.   This spacious lot is 6175sf, allowing plenty of space for each unit users.

 

687 Banff Street (shown below ), the rear unit,  has a private gated  yard in the back, and the gate swings open so you can park a car back there too.  It also has an attached one car attached garage which also has wash and dryer hookups. This unit has well maintained wood floors, double pane windows, eat in kitchen and  is in clean condition.  The real unit also has a storage shed with power for your useage.  This shed predates the current owner owning the property and is to be accepted in AS IS condition.

 

280
  

 

 

 

 

 

Click here for a video tour of this duplex and for  more information.

 

685 Banff Street, the front unit shown below, is less upgraded with single pane windows.  It includes a one car garage that was converted to a room from a previous owner.  It has only been used as storage for the owner, however it is connected to the front unit so it could be another bedroom.  While the room currently has some deferred maintenance,with some paint and flooring, this could make the front unit a 3 bedroom, 1 bathroom model that will be great for investors and owner occupants alike.  The front unit also has a small laundry room with washer and dryer hookups conveniently inside.  The front yard is expressly for the front unit occupants only and there is a cement pad for the occupant to park their car with off street parking.  The new buyer is strongly advised to confirm all permits, use and schools to their own satisfaction.  

 

685 Banff St, Living Room685 Banff St., Front Yard

 

 

 

 

 

 

The long driveway is nice to have and generally shared by the duplex next door.  One of the neighbor duplexes to the left of the subject property has installed a fence in the middle and would likely require the approval of both owners..

 

The duplex could be a good income producer fort the investors.  I have spoken to Phil Lopez, Property Manager for Von Kaenel Property Management and he estimates a rents for a cleaned unit in the $1900-2100 range/month, and could be more rental income if you renovate the garage and make it useable.  

 

The neighborhood is rich in diversity and culture.  The area has a mixture of old and new dwellings, partments, homes and and rettals, and commercial shopping centers and a few ware house business. Banff Street has many duplexes and is generally well maintained.  Centrally located in the 95116 area code, it is close to the Five Wounds Parish, Little Saigon, Downtown San Jose, parks, schools and is conveniently near the 101, 280, 680 580 and 87 Freeways.  

Downtown SJ

Five Wounds ChurchWilliam St Park, Little Saigon

 

 

 

 

This listing will not last long so contact me today if you have any questions.  For faster service, call me today at my direct number, 408-560-9021.  As a broker, lender and investor for the past 29 years, I have the experience and resources to help you make your real estate plans happen in Central San Jose and Santa Clara County.   Call me for a free consultation today.

Posted by

 photo 3e9d82bc-8797-4760-a95a-c4cc0d1848a8_zps0dd3a534.jpg

James K. Endo, CDRE# 00993009

Broker, ABR, CDPE, CPRES, CRS, IMSD, SRES

Keller Williams Los Gatos Estates

16185 Los Gatos Blvd, Los Gatos, CA  95032

Email:  james@jamesendo.com     Direct:  408-560-9021

www.JamesEndo.com     www.homesearchvalues.com 

 

Helping  you make the right decisions when it matters most!

 Be sure to like Facebook page for valuable info!

 

Facebook_zps0b028ac7PhotobucketPhotobucketPhotobucketPhotobucket

Comments (7)

Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Congratulations and best of luck to you on your listing!  Hope it sells quick and for full price!

Apr 24, 2016 02:52 AM
James Endo
KW Bay Area Estates - Los Gatos, CA
ABR, CPRES, CRS, SRES... Since 1987!

Hi Ryan,

Thanks for well wishes.  We ended up with 11 offers and more than full price!  Appears to be a lot of demand for a duplex with both investors and individuals wanting to buy an investment or shared living.  I am sure TO must be active too?  My parents used to have a nursery out in the orange and avacado groves of Moorpark back in the "70s-'80s.  Do they still have those groves?

Apr 24, 2016 06:39 AM
Winston Heverly
Winston Realty, Inc. - Atlantis, FL
GRI, ABR, SFR, CDPE, CIAS, PA

Your listing will surely be a success for the seller and the buyer. Hope this also brings other opportunities your way too.

Apr 24, 2016 02:16 PM
Robert May
Robert W May - Lethbridge Real Estate - Lethbridge, AB
Real estate consulting

Hi James, I live near Banff, Alberta.  Had no idea there was any place else or streets anyplace else that carried that name.  I love the california weather, but our prices up here in the north are lower.  Still, it wouldnt take much to convince me to move down there, lol.

Apr 24, 2016 05:13 PM
James Endo

Love Banff , Alberta!  Such a beautiful place and area.  We ended up receiving 11 offers for this starter investment in our active Silicon Valley real estate market! 

May 01, 2016 05:47 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Congratulations on your new listing.  Nice house nice job with your presentation.

Apr 24, 2016 10:05 PM
James Endo
KW Bay Area Estates - Los Gatos, CA
ABR, CPRES, CRS, SRES... Since 1987!

Thanks Richard, still trying to get the hang of these articles and using them to grow my business!

May 01, 2016 05:48 AM
bruce barbera
San Francisco, CA

Hello James, I am a National Lender with "Amazing Portfolio Products".

Let me know if you have a unique scenario or outside the Fannie Mae Box, I get more homebuyers in. Bruce

No seasoning on previous credit event. 2nd homes ok loans to 4 million.

Self employed we use Bank Stateements in Lieu of 1040's.

May 14, 2016 04:13 AM