659 S 9th ST, San Jose, California, United States, 95112
2,995,000
for Sale
About the property:
**MArketing Package and Due Diligence Available upon Request** Property Can be sold together with Neighboring 12 unit Building. 659 S 9th Street is a fully occupied 14-unit building in Downtown San Jose, about two blocks from San Jose State University, with twelve studios, two 1BR/1BA units and an assigned tuck-under parking space for every unit. Its offered at $2,995,000 ($213,929 per unit), with a 6.48% current cap rate that rises to 7.14% at market rents, and it can be bought on its own or with 649 S 9th Street as a 26-unit portfolio.
- Property Type:
- Five or More Units
- Status:
- for Sale
- Square Feet:
- 5561
- Area:
- Central San Jose
- Age:
- 69
- Is Building:
- Yes
- Is Market:
- Yes
- Is Parking:
- Yes
- Is Spa:
- Yes
- Is Unit:
- Yes
- Listing ID:
- ML82066436
Rooms
Dimensions
Brokered by:
Compass
Presented By: