Pending (Do Not Show)

650 S 8th ST

SAN JOSE CA, 95112

$5,185,000


$530.76 per sqft

Pending (Do Not Show)

9,769 sqft

Multi-family

Built in 1958

Listed by Coldwell Banker Realty, Neel Bhatia, Listing Contact: 4088284024

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

ML81958747

MLS ID

March 23, 2024

Listed

May 9, 2024

Updated

Map

650 S 8th ST
SAN JOSE CA, 95112

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.36 Acres


Roof

Tar/Gravel

School Information

School District

482

Other Property Details

Area Name

Central San Jose


Garage

No


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

RM


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/23/2024

Pending

Listed by Coldwell Banker Realty, Neel Bhatia,
Listing Contact: 4088284024 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kelly Dippel | CA DRE# 01800972 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 6:08 AM UTC, 5/9/2024

 

 

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