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$3,025,000
6 Days On Site
649 S 9th StreetSan Jose, CA95112
For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
6,364
SqFt
$475
/SqFt
1959
Built
County:
Santa Clara
Listed by Ray Rodriguez of Compass [email protected]
Call Now: 916.218.4500
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916.218.4500
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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
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Listing Snapshot
Price
$3,025,000
Days On Site
6 Days
Bedrooms
N/A
Inside Area (SqFt)
6,364 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2259 Acres
Year Built
1959
MLS Number
ML82066425
Status
Active
Property Tax
$36,236
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
Recent Activity
| 2 days ago | Listing updated with changes from the MLS | |
| 6 days ago | Listing first seen on site |
General Features
Acres
0.2259
Carport
13
Parking Spaces
13
Special Circumstances
Standard
SqFt Total
6364
Water Source
Public
Zoning
RM
Interior Features
Cooling
Heating
Wall Furnace
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Exterior Features
Roof
FlatFoam
Community Features
MLS Area
699 - Not Defined
School District
San Jose Unified
Schools
School District
San Jose Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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