298 Madison St

298 Madison St Santa Clara, CA 95050

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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,800,000
Last Verified:
Aug 31, 2016


The property is centrally located with convenient access to freeways (880) and (280), as well as shops, businesses, restaurants and other services. This section of Santa Clara is particularly attractive and supports the potential of this building to continue renting to premium renters at higher rates.
Year Built: 1958
Building Size: 3312.0sq ft
Building Class: B
Lot Size: 0.2 acres

Map of 298 Madison St, Santa Clara, CA, 95050

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.