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Bailey Properties
659 S 9th ST, San Jose, CA 95112
- $2,995,000
- 5,561
- SqFt
Listed by Ray Rodriguez, 650-405-0743 from Compass
(If provided) CoList: Tony Zizzo from Compass
- List Price
- $2,995,000
- MLS#
- ML82066436
- Status
- ACTIVE
- Sqft. of Residence
- 5,561
- Lot Size
- 6,900
- Listing Area
- Central San Jose
- Year Built
- 1957
Property Description
**MArketing Package and Due Diligence Available upon Request** Property Can be sold together with Neighboring 12 unit Building. 659 S 9th Street is a fully occupied 14-unit building in Downtown San Jose, about two blocks from San Jose State University, with twelve studios, two 1BR/1BA units and an assigned tuck-under parking space for every unit. Its offered at $2,995,000 ($213,929 per unit), with a 6.48% current cap rate that rises to 7.14% at market rents, and it can be bought on its own or with 649 S 9th Street as a 26-unit portfolio.
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Additional Information
- Cooling System
- Ceiling Fan
- Foundation
- Other
- Garage Parking
- Assigned Spaces
- Heating System
- Wall Furnace
- Living Area
- 5,561
- Lot Size
- 6,900
- Neighborhood
- Central San Jose
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Flat / Low Pitch
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- RM
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Bailey Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . 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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