536 S 8th ST, San Jose, CA 95112
Unique Opportunity to Purchase Pride of Ownership Apartment Building. 8 of the 9 units have been Extensively Renovated with remodeled kitchens new cabinets & countertops, new appliances, dishwashers & microwaves, LVT flooring, baseboards, two-tone Paint, ceiling fans, mirrored closet doors, new fixtures, renovated bathrooms. Full Exterior Renovation: New Dual Paned Windows, Exterior Paint. Strong In Place Rents - Current GRM: 14.50 & Current Cap Rate: 4.81%. Upside potential - Market GRM:13.34 & Market Cap Rate: 5.61%. Outstanding Rental Location. Blocks to SJSU. Moments to future Google Campus, Diridon Station, future BART station, Light Rail. Adjacent 9 unit building with INFERIOR unit mix in contract and contingent free at $3,090,000.
Features
Cooling | Ceiling Fan |
Foundation | Concrete Perimeter and Slab |
Garage Parking Features | Carport, Covered Parking, Tandem Parking |
Heating | Gas, Wall Furnace |
Roof | Rolled Composition |
Sewer Septic | Sewer - Public, Sewer Connected |
Subclass | 701 |
Water | Public |
Community Info
Local Schools | |
Local Utilities | Recreation |
Restaurants | Home and Garden |
Schools
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Updated on 4/30/2024