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… Read More 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 Read Less
Courtesy of Compass, Ray Rodriguez 415-345-3000
Listing Snapshot
Days Online
8
Last Updated
Property Type
Five Or More Units
Square Ft.
6,364
Year Built
1959
MLS Number
ML82066425
Additional Details
Building
Built in 1959
Cooling
Ceiling Fan
Foundation
Crawl Space
Heating
Wall Furnace
Parking
Assigned Spaces
Roof
Flat / Low Pitch, Foam
Taxes
Parcel Number: 472-24-104, Zoning: RM
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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