767 S 2nd St, San Jose, CA, 95112

USD 1,590,000
For Sale

Property Details

Bedrooms

5

Bathrooms

5

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 5 • Bathrooms: 5 • Square Feet: 2726 • Lot/Size: 6,625 sqft lot

Description: 767 S 2nd Street is a well-maintained 5-unit multifamily asset consisting of all 1-bedroom/1-bathroom units on an oversized 0.15-acre lot. Built in 1940 and currently 100% occupied, the property offers strong in-place income with a gross potential rent of $153,000 and an attractive current cap rate of 5.77%. The asset recently underwent a fire and has been completely rebuilt with permits. Recent capital improvements include brand new electrical systems, dual pane windows, and high end interior & exterior finishes. Other notable highlights include five assigned parking spaces and individually metered electricity and gas. Situated in the highly desirable Spartan-Keyes neighborhood near

Location

Address

767 S 2nd St, San Jose, CA, 95112

City

San Jose

Features and Finishes

Year Built: 1940; [object Object]; [object Object]; [object Object]

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