381 N 13th Street
San Jose, California 95112 Estados Unidos

$1,088,888
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Offer Due Date: 5:00 PM ON TUESDAY JUNE 20, 2017. Highest Cap Rate in Santa Clara County. Cap Rate: 5.46% Current, 8.37% Proforma. GRM: 12.66 Current, 9.47 Proforma. 381 North 13th Street is a fourplex located in a desirable neighborhood in San...
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Phone: 9258389700
Phone: 5103394000
Contract Pending
$1,088,888
Cambiar de divisa
Price / Sq. Ft.:
$188 /
8
Dormitorios
5,779 PIE CUADRADO
Interior
Casa Multifamiliar
1910
Año de construcción
ML81654991
ID web
ML81654991
ID de MLS
San Jose Unified School District
Distrito escolar
69
días atrás

Acerca de 381 N 13th Street

Offer Due Date: 5:00 PM ON TUESDAY JUNE 20, 2017. Highest Cap Rate in Santa Clara County. Cap Rate: 5.46% Current, 8.37% Proforma. GRM: 12.66 Current, 9.47 Proforma. 381 North 13th Street is a fourplex located in a desirable neighborhood in San Jose, California. Built in 1910, the subject property is situated on a 5,779 square foot lot, has a gross livable area of 3,142 square feet, and has four large two-bedroom/one-bathroom units. The rents for two units are significantly below market and are eligible for five percent annual rent increases. The two vacant units are painted with hardwood floors, updated cabinets, and granite counters and present the opportunity to achieve top market rents. Additionally, the 1,333 square foot partially finished basement can be rented out as storage for additional income. With two vacant units this property provides the investor the opportunity to achieve tremendous rental income and create significant value.

Listing Courtesy of Ismael Benhamida , Marcus & Millichap

PROPERTY INFORMATION

Cooling
No Air Conditioning
Heating
Gas, Wall Furnace
View
Downtown
Water
Sewer System - Public

EXTERIOR

Lot Description
Level
Roofing
Rolled Composition

INTERIOR

Flooring
Hardwood Floors, Tile