**MArketing Package and Due Diligence Available upon Request** Property Can be sold together with Neighboring 12 unit Building. 659 S 9th Street is a fully occupied 14-unit building in Downtown San Jose, about two blocks from San Jose State University, with twelve studios, two 1BR/1BA units and an assigned tuck-under… Read More parking space for every unit. Its offered at $2,995,000 ($213,929 per unit), with a 6.48% current cap rate that rises to 7.14% at market rents, and it can be bought on its own or with 649 S 9th Street as a 26-unit portfolio. Read Less
Courtesy of Compass, Ray Rodriguez 650-405-0743
Listing Snapshot
Days Online
0
Last Updated
Property Type
Five Or More Units
Square Ft.
5,561
Lot Size
0.16 Acres
Year Built
1957
MLS Number
ML82066436
30 Days Snapshot Of 95112
$941k
+6%
(avg) sold price
6
-50%
homes sold
45
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 6900.00, Max Area Units: Square Feet, Lot is 0.15840220385675 acres
Accessibility Features
Other
Unit Two
bedroom 1
Building
5,561 structure square feet, Age: 69, Built in 1957, 1 building, 14 minimum units in complex
Cooling
Ceiling Fan
Foundation
Other
Garage
Assigned Spaces
Water Features
Public
Heating
Wall Furnace
Tenant Pays
Utilities - Electric, Utilities - Gas
Miscellaneous
Total expenses: 92341
Parking
2 parking spaces
Property
Zoning: RM
Roof
Flat / Low Pitch
Security Features
Other
Taxes
Annual tax amount: $35,877
Sewer
Sewer - Public
Utilities
Master Water, Separate Electric, Separate Gas, Individual Electric Meters, Individual Gas Meters
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