$2,250,000
( $582.75Per Sq Foot )
$12,078 forsale estimated payment Sourced by Back At You694 S 2nd Street , San Jose, CA 95112
San Jose, CA 95112
Description
Two Newly Vacant Units! Holding Vacant For Sale. 694 S 2nd St (the Property) is a two-story multifamily asset built in 1895, situated on a 0.20 acre lot in the heart of the Sofa District and compromised of eleven (11) studio units. Eight (8) of the units have been fully renovated with new kitchen cabinets, laminate wood style flooring, upgraded lighting, new bathrooms, and fresh paint It features coin-operated laundry, dual-pane windows, carports, parking spaces, a common yard, and more.. Earthquake retrofitting has been done. Electric wiring and plumbing have been upgraded. Offered at a very attractive 5.47% cap rate, the property is the lowest barrier to entry in San Jose.
Details
| Mls | ML81984079 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1895 |
| Days On Site | 250 |
| Listing Provided By | Jefrey Henderson, Broker (408) 453-7461 | Jefrey Henderson |
Features
| Sq Feet | 3,861 |
|---|---|
| Buildings | 1 |
| Zoning | CN |
| Acreage | 0.20 |
Market Activity 95112
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Learn More About This Property
| State | CA |
|---|---|
| County | Santa Clara |
| City | San Jose |
| Zip Code | 95112 |
| Area | 699 Not Defined |
| Listing VS Median (in 95112) | |
Price: $2,250,000 low | high Med: $2,200,000 SqFt: 3,861 low | high Med: 3,963 $ / SqFt: $583 low | high Med: $556 On Site: 250 low | high Med: 130.000000 | |
Listing Updated: December 3, 2024 at 1:41:42 PM PST