555 S 2nd St, San Jose, CA, 95112
Property facts
- Property type
- Multi-Family
- Bedrooms
- 1
- Bathrooms
- 38
- Lot size
- 14,474 sqft lot
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About this home
Property Details: • Type: Multi-Family • Bedrooms: 1 • Bathrooms: 38 • Square Feet: 20521 • Lot/Size: 14,474 sqft lot
Description: Marcus & Millichap is pleased to present 555 S. 2nd Street, a 39-unit apartment community located in the heart of Downtown San Jose's vibrant SoFA District. Offered at just $212,000 per unit, the property provides investors with a rare low basis in one of Silicon Valley's most dynamic urban neighborhoods. The asset features 37 studio units, one one-bedroom unit, and a ~900 SF ground-floor commercial storefront, currently vacant. The investment offers strong in-place returns with a 6.93% CAP rate and 8.8 GRM, along with attractive financing options available, creating an opportunity for immediate cash flow in a prime downtown location near San Jose State University, major tech employer
Features & amenities
Location
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Listing information
- Original source
- www.redfin.com
- Added to Mirror
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