Listing provided courtesy of Neel Bhatia of Coldwell Banker Realty. Last updated 2024-04-28 09:13:33.000000. Listing information © 2023 CRMLS.
Asking Price: $5,185,000
650 8th, San Jose CA 95112
Community: 699 - Not Defined
Status: Pending
This property was built in 1958 and is priced at $5,185,000. Please see the additional details below.
PRICED TO SELL!!! 17 Units in Prime San Jose Location! Just Three Blocks from SJSU & a 2 Minute Drive to Downtown San Jose. Incredible In Place Annual Income of $417,528, Positioning the Property at a CURRENT 5.27% CAP Rate! Self Manage and This Property Operates at a Current 5.6% CAP. Excellent Unit mix of (15) 1beds & (2) 2bed Units, 15 of which have been update/remodeled since 2016. Property also Benefits from a New Roof (2019), New Commercial Water Heaters, New Landscaping & Professional Management. Beautiful Curb Appeal. Must See to Appreciate! Property selling for personal reasons. Quick Close/Strong Terms Encouraged. TOUR SCHEDULE: Wednesday, 3/27, 10:30. SATURDAY TOUR: 3/30 CANCELLED, Rescheduling TBD
