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511-523 E. Reed Street

511-523 E. Reed Street, San Jose, CA 95112

N/A

12 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
12
Building Size:
7,116 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
6.55%
Gross Rent Multiplier:
10.11
Occupancy:
100%
No. Stories:
2
Year Built:
1958
Lot Size:
9,522 SF
Parking Ratio:
12 / 1,000 SF
Listing ID
17532518
Last Updated
over 1 year ago

Highlights

  • 10% Cash on Cash Return
  • New Dual Paned Windows, Exterior Paint
  • Walking distance to San Jose State University

Description

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.

Map of 511-523 E. Reed Street, San Jose, CA 95112 (Santa Clara County)

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