694 S 2Nd Street

San Jose, CA 95112

$2,250,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1895

calendar_month Built

Property Description

Two Newly Vacant Units! Holding Vacant For Sale. 694 S 2nd St (the Property) is a two-story multifamily asset built in 1895, situated on a 0.20 acre lot in the heart of the Sofa District and compromised of eleven (11) studio units. Eight (8) of the units have been fully renovated with new kitchen cabinets, laminate wood style flooring, upgraded lighting, new bathrooms, and fresh paint It features coin-operated laundry, dual-pane windows, carports, parking spaces, a common yard, and more.. Earthquake retrofitting has been done. Electric wiring and plumbing have been upgraded. Offered at a very attractive 5.47% cap rate, the property is the lowest barrier to entry in San Jose.

Listing Information

List Price $2,250,000
Status Active
MLS ML81984079
HOA $0
Type Commercial
Year Built 1895
Lot Size 8,638
Structure Size N/A
DOM 83
Courtesy Of Jefrey Henderson, Broker
Listing Agent Jefrey Henderson DRE#01483399

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Jefrey Henderson, Jefrey Henderson, Broker 408-306-3228. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 14th, 2024 at 2:42 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.