Sold

445 N 1st Street, San Jose, CA 95112

Sqft
6,704
Garage
Yes
Pool
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byMarcus & Millichap
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Overview

Eight unit apartment complex exceptionally well priced at $261,250 per unit with a current cap rate of 5.37% and compelling pro forma cap rate of 9.96%. Each unit includes dedicated parking, and the property benefits from efficient operations and strong in-place cash flow. Located in the heart of Silicon Valley, the property sits within minutes of Downtown San Jose, the SAP Center, San Jose State University, Santa Clara University, and the San Jose International Airport. Marketing Package available upon request.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Square feet
6,704
Lot size (acres)
0.19
Year built
1924

Exterior features

Pool
Yes

Garage and parking

Garage parking spaces
3

Utilities

Heating
Wall furnace
Cooling
None

Estimated monthly costs

Insurance
$9,000

Taxes

Tax Annual Amount
$28,068

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MLSListings (California) MLS®#: ML82014596 Last checked:

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