298 Madison St, Santa Clara, CA, 95050

298 Madison St, Santa Clara, CA, 95050 < >
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for sale
$2,700,000
Square Feet:3812
Lot Size:0.20 Acres
Year Built:1958
Status:Active
Date Updated:
For information contact:
Sue Liu
(408) 966-6931
DRE# 01053786 | NMLS# 2024718
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Go See This Property
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.
Interior Details
Cooling: Ceiling FanHeating: Wall Furnace
Laundry: Coin Operated

Exterior Details
Foundation: Concrete Perimeter, Post and PierLot Acres: 0.2015
Roof: Composition, Shingle

Community Information
Pool Y/N: 0

Property Information From MLS Data
Garage Parking Features: Detached GarageStructure SqFt: 3812
Utilities : Individual Electric Meters, Individual Gas Meters, PYear Built: 1958
Garage Spaces: 2Water: Public
Meters: Master Water, Separate Electric, Separate GasNumber of Buildings: 1
Parking Spaces: 6Sewer Septic: Sewer - Public

Financial Information
HOA Exist Y/N: 0

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Monthly Payment for 298 Madison St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$2,700,000
Down Payment:
Loan Amount:$2,160,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:

Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is 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.
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