649 S 9th St

San Jose, CA 95112
  • $3,025,000

    Price
  • 6,364

    SqFt
  • 0.23

    Acre

About the Listing ML5012166 - ML5085267,ML5085268

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

Listing Highlights for 649 S 9th St

Status Active
Days on Site 1
Property Type Commercial Sale
MLS ® ML82066425
Year Built 1959
Total Square Footage 6,364
Lot/Acreage 0.23

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 13
  • Zoning: RM
  • Roof: Flat,Foam
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $36,236
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 47224104
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
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Listing Location

Questions About..

649 S 9th St San Jose, CA 95112

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Originating MLS: CRMLS

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