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$2,199,000
Est. payment /mo
6,895 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82010159
HOA Y/N No
Year Built 1961
Annual Tax Amount $18,500
Lot Size 6,895 Sqft
Property Description
Prime investment opportunity. Well maintained 6 unit building in the heart of San Jose, just 2 blocks from San Jose State. Recent Upgrades include: water heater replaced and permitted 2021. Dual pane windows 2020. Energy efficient building ensuring lower utility costs for tenants. Exterior paint in 2020. Modern Kitchens with 5 of 6 unit kitchens remodeled in 2020, offering stylish and functional spaces that attract quality tenants. 6 garages with electric garage door openers, providing two parking spaces per unit, a rarity in downtown living. On site laundry facilities income. All units feature large layouts appealing to a wide range of residents. Strong rental istory with no current vacancies. Desirable Tier 1 status with the City of San Jose Code Enforcement. This building demonstrates a solid investment with great rental history. Prime Location located within walking distance to major transit options, including light rail, and just minutes from downtown and major freeways, enhancing the attractiveness for potential tenants. SB721 Compliance: All required SB721 work has been completed and permitted with the City of San Jose, providing peace of mind for the next owner.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM
Interior
Heating Wall Furnace
Fireplace No
Exterior
Carport Spaces 1
Roof Type Composition
Schools
School District San Jose Unified
Others
Tax ID 47225064
Special Listing Condition Standard
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Listed by Jeff Hansen • eXp Realty of California Inc