Charming Victorian-style duplex located in the heart of San Jose's vibrant downtown district, near restaurants, transit, City Hall, and all the urban conveniences the city has to offer. Excellent opportunity for investors, owner-occupiers, multigenerational family purchasers, or those seeking additional space for home offices, guest rooms, or income-generating opportunities. Currently… Read More rented by the room and fully occupied, the property delivers a 6.0% CAP RATE DAY ONE to investors! The duplex is comprised of 6 bedrooms and 2 bathrooms (3 basement level rooms and 3 main level rooms). Tenants enjoy a grand entrance to the main home, updated kitchens, gated front yard and back deck space, a large private & secured / gated parking area in the rear with 7 spaces and extra private storage lockers. There are 2 separate laundry areas, each equipped with a washer & dryer. Located near San Jose State University, major employment centers, dining, transit, and freeway access, this home offers everyday ease in a dynamic and connected neighborhood. San Jose is undergoing a once-in-a-generation urban transformation, with $10B+ in approved development including Googles massive Downtown West project, major public transit growth & over 20M SF of office & mixed-use construction in the pipeline. Read Less
Property listed by Compass, Matthew Thomson 310-259-7556
Listing Snapshot
Days Online
40
Last Updated
Property Type
Duplex
Square Ft.
1,776
Lot Size
0.14 Acres
Year Built
1898
MLS Number
ML82040470
Additional Details
Building
Built in 1898, Living area: 1776.0, 1 building, 2 stories
Cooling
None
Accessibility Features
None
Expenses
Insurance: $3,932, Maintenance: $2,750, Other Expense: $6,809
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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