694 S 2Nd Street, San Jose, CA 95112
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Listed Price :
$2,250,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1895
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.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Interior Information |
Cooling Type |
Central Air |
Listing Information
Address |
694 S 2Nd Street |
City |
San Jose |
State |
CA |
Zip |
95112 |
County |
Santa Clara |
Listing Agent |
Jefrey Henderson DRE #01483399 |
Courtesy Of |
Jefrey Henderson, Broker |
List Price |
$2,250,000 |
Status |
Active |
Type |
Commercial |
Structure Size |
N/A |
Lot Size |
8,638 |
Year Built |
1895 |
Listing information courtesy of: Jefrey Henderson, Jefrey Henderson, Broker. *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.