232 N 3rd St | San Jose, CA 95112
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- LoopNet Team
232 N 3rd St
San Jose, CA 95112
10 Unit Value Add in San Jose · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- SELLER FINANCING AVAILABLE AT INTEREST ONLY ATTRACTIVE RATES!
- Excellent unit mix: 10 Units (4) 2BR/1BA, (4) 1BR/1BA, (2) Studios
- Well maintained units!
- Value add opportunity - Priced below the market!
- 6 Vacant units ready to rent! Significant upside rent potential.
- Ideal downtown location - Close proximity to SJSU
PROPERTY FACTS
| No. Units | 10 | Building Size | 5,512 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.45/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | RM - Residential Multifamily | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,512 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | RM - Residential Multifamily |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Double Pane Windows
SITE AMENITIES
- 24 Hour Access
- Fenced Lot
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 550 - 620 |
| 1+1 | 4 | - | 420 - 425 |
| Studios | 2 | - | 225 |
PROPERTY TAXES
| Parcel Number | 467-01-042 | Improvements Assessment | $1,466,964 |
| Land Assessment | $1,290,096 | Total Assessment | $2,757,060 |
PROPERTY TAXES
Parcel Number
467-01-042
Land Assessment
$1,290,096
Improvements Assessment
$1,466,964
Total Assessment
$2,757,060
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