$3,025,000

Multi Family In San Jose

  • 6,364 Sqft
  • 9,842 Sqft lot
  • Updated: Yesterday
  • Source:
    bridgeMLS  MLS#ML82066425

About the Property

One of the Best True Cap Rates you will find in downtown San Jose... Property can be sold together with Neighboring 14 unit building - Due Diligence and Marketing package are both available upon request. 649 S 9th Street is a fully occupied 12-unit building in Downtown San Jose, about two blocks from San Jose State University, with eleven 1BR/1BA units, one 2BR/1BA unit and an assigned carport for
One of the Best True Cap Rates you will find in downtown San Jose... Property can be sold together with Neighboring 14 unit building - Due Diligence and Marketing package are both available upon request. 649 S 9th Street is a fully occupied 12-unit building in Downtown San Jose, about two blocks from San Jose State University, with eleven 1BR/1BA units, one 2BR/1BA unit and an assigned carport for every unit. Its offered at $3,025,000 ($252,083 per unit), with a 6.22% current cap rate that rises to 7.11% at market rents, and it can be bought on its own or with 659 S 9th Street as a 26-unit portfolio
…
  • Property type

    Other

  • Year built

    1959

  • Price/sqft

    $475

Features

  • Parking
  • Gate
  • Stone Countertops

Explore the Area

649 S 9th Street, San Jose, California, United States View on Google Maps
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Compass

Joined 11 months ago
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Compass
California, United States
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13
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2025
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Compass
California, United States
View agency profile
Last updated
Yesterday
First listed
November 4
Listing reference
ML82066425
Listing status
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