511-523 E. Reed Street
San Jose, CA 95112 ·
12 Units · Multifamily For Sale
Multifamily Property For Sale
|No. Units||12||Gross Rent Multiplier||10.11|
|Building Size||7,116 SF||Occupancy||100%|
|Property Type||Multifamily||No. Stories||2|
|Property Sub-type||Garden/Low-Rise||Year Built||1958|
|Property Use Type||Investment||Lot Size||9,522 SF|
|Commission Split||2%||Parking Ratio||12 / 1,000 SF|
|Listing ID: 17532518||Date Created: 02/15/2012||Last Updated: 02/15/2012|
10% Cash on Cash return. Strong in place rents with upside potential. New dual paned windows, exterior paint and asphalt. Extremely well-maintained.
Located on the corner of E. Reed Street and S. 11th Street. Walking distance to San Jose State University. Excellent drive-by visibility.
- 10% Cash on Cash Return
- New Dual Paned Windows, Exterior Paint
- Walking distance to San Jose State University
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