Sold

555 S 10th Street, San Jose, CA 95112

Sqft
25,855
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

6.14% cap rate // 9.81 GRM based on current rents. 100% 2x2 floor plans. Marcus & Millichap is excited to present Kennedy Hall, a rare opportunity to acquire a well-located, multifamily asset just steps from San Jose State University. The property features 28 spacious two-bedroom, two-bath units totaling approximately 25,855 square feet of rentable space on a 0.58-acre lot. Built in 1964, Kennedy Hall offers a highly functional layout ideally suited for student housing or working professional roommates, with each unit having an ideal two-bedroom layout with maximum privacy. This optimal rental configuration, combined with the propertys close proximity to campus and an assumable Chase Bank loan fixed at 4.51% through August 2029, makes Kennedy Hall a prime choice for investors seeking strong cash flow and long-term demand.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
3
Square feet
25,855
Lot size (acres)
0.58
Year built
1964

Exterior features

Pool
Yes

Utilities

Heating
Wall furnace
Cooling
Wall/window unit(s)
Sewer
Public sewer
Water
Public

Estimated monthly costs

Insurance
$30,800

Taxes

Tax Annual Amount
$97,181

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®#: ML82016658 Last checked:

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