258 Lynette WaySan Jose, CA 95116

This fully renovated Class A duplex in San Jose, CA (95116) presents a compelling investment opportunity. Located at 258-260 Lynette Way, this property boasts two units, each featuring two bedrooms and one bathroom, and is currently enjoying 100% occupancy with a gross monthly rent of $7,050. Recent renovations include new kitchens and appliances (Samsung appliances in one unit, featuring European-style cabinetry), updated bathrooms (one with heated floors and a bidet), new interior and exterior doors, new 12mm waterproof laminate flooring in one unit, and mini-split heating and air conditioning systems in each unit. Both units also include new Wi-Fi garage openers with battery backups. The property offers a strong net operating income (NOI) of $64,425, resulting in a 4.62% capitalization rate. The asking price is $1,395,000, or $697,500 per unit. Situated in a highly desirable, quiet neighborhood with ample street parking, this duplex benefits from clean inspection reports and is ready for immediate occupancy. This turnkey investment promises a high return on investment and a secure future for the discerning buyer. The property's location provides easy access to key commute routes, further enhancing its appeal.