694 S 2nd Street, SAN JOSE, CA 95112 (MLS # ML81984079)
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Two Newly Vacant Units! Holding Vacant For Sale. 694 S 2nd St (the Property) is a two-story multifamily asset built in 1895, situated on a 0.20 acre lot in the heart of the Sofa District and compromised of eleven (11) studio units. Eight (8) of the units have been fully renovated with new kitchen cabinets, laminate wood style flooring, upgraded lighting, new bathrooms, and fresh paint It features coin-operated laundry, dual-pane windows, carports, parking spaces, a common yard, and more.. Earthquake retrofitting has been done. Electric wiring and plumbing have been upgraded. Offered at a very attractive 5.47% cap rate, the property is the lowest barrier to entry in San Jose.
LAST UPDATED | 10/17/2024 | YEAR BUILT | 1895 |
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COUNTY | Santa Clara | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
HEAT | Central, Forced Air |
LOT | 8638 sq ft |
LOT DIMENSIONS | 8638.00 |
SEWER | Septic Tank |
ZONING | CN |
TOTAL MONTHLY PAYMENT
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Based on information from MLSListings MLS as of 10/17/24 6:43 PM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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