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Listed by Compass
$ 1,100,000
Est. payment | /mo
1,776 SqFt
$ 1,100,000
Est. payment | /mo
1,776 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,776 sqft
Price per Sqft $619
MLS Listing ID ML82040470
HOA Y/N No
Year Built 1898
Lot Size 5,891 Sqft
Property Sub-Type Duplex
Source Datashare MLSListings
Property Description
Charming Victorian-style duplex located in the heart of San Jose's vibrant downtown district, near restaurants, transit, City Hall, and all the urban conveniences the city has to offer. Excellent opportunity for investors, owner-occupiers, multigenerational family purchasers, or those seeking additional space for home offices, guest rooms, or income-generating opportunities. Currently rented by the room and fully occupied, the property delivers a 6.0% CAP RATE DAY ONE to investors! The duplex is comprised of 6 bedrooms and 2 bathrooms (3 basement level rooms and 3 main level rooms). Tenants enjoy a grand entrance to the main home, updated kitchens, gated front yard and back deck space, a large private & secured / gated parking area in the rear with 7 spaces and extra private storage lockers. There are 2 separate laundry areas, each equipped with a washer & dryer. Located near San Jose State University, major employment centers, dining, transit, and freeway access, this home offers everyday ease in a dynamic and connected neighborhood. San Jose is undergoing a once-in-a-generation urban transformation, with $10B+ in approved development including Googles massive Downtown West project, major public transit growth & over 20M SF of office & mixed-use construction in the pipeline.
Location
State CA
County Santa Clara
Interior
Heating Forced Air, Natural Gas
Cooling No Air Conditioning
Fireplace No
Schools
School District San Jose Unified, San Jose Unified
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