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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.
Last Updated | 10/17/2024 | Year Built | 1895 |
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Community | Not Defined | County | Santa Clara |
SCHOOLS
School District | San Jose Unified |
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Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | Not Defined |
HEAT | Central |
HOA DUES | 0 |
LOT | 8638 sq ft |
TAXES | 26224 |
ZONING | CN |
Location
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