315 N 5th St, San Jose, CA, 95112

Property Details: • Type: Multi-Family • Bedrooms: 1 • Bathrooms: 5 • Square Feet: 1332 • Lot/Size: 6,900 sqft lot

Description: Downtown San Jose multifamily property presents a value-add opportunity for investors experienced in property renovation and lease-up strategies. The property consists of 5 units, including one 1br/1ba unit and four studios. One of the vacant studio units is rentable in its current condition with limited repairs, while the other two vacant studios require renovation prior to occupancy. While various improvements have been made over the years, the building would be more valuable and command higher rents if the units were renovated and additional capital improvements are made. The building is master-metered for water, sewer, gas, and electricity, all of which are currently paid by the owner.