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256 N 3rd St
San Jose, CA 95112
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Investors have the opportunity to acquire an exceptional value-add investment in one of the most dynamic and desirable locations in the South Bay.
- Additionally, tenants enjoy convenient property amenities such as private covered parking and an on-site community dryer.
- The subject property benefits from its close proximity to San Jose State University and Downtown San Jose, creating a strong demand for rental rates.
- Tenants at 256 N 3rd St enjoy 100% beautifully designed two-bedroom floor plans, all featuring an in-unit washer and storage space.
- The subject property has undergone significant capital improvements including fresh exterior paint, copper water piping & 24-hour surveillance system.
Property Facts
| No. Units | 6 | Building Size | 5,200 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1941 |
| Building Class | C | Parking Ratio | 1.15/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | CO | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1941 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | CO |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Smoke Free
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 925 |
Property Taxes
| Parcel Number | 467-01-044 | Improvements Assessment | $1,385,221 |
| Land Assessment | $441,305 | Total Assessment | $1,826,526 |
Property Taxes
Parcel Number
467-01-044
Land Assessment
$441,305
Improvements Assessment
$1,385,221
Total Assessment
$1,826,526
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