536 So 8th Street 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.
Interior Features Include:
Source Gas, Wall Furnace
Exterior Features Include:
Acreage: 0.1400 Acres
Square Feet 6314
Roof: Rolled Composition
Garage/Parking: Carport , Covered Parking, Tandem Parking
Other Features Include:
Sewer: Sewer - Public, Sewer Connected
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