80 S 6th ST, San Jose, CA 95112

$2,500,000
14
BD
8
BA
6,582
SqFt

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List Price
$2,500,000
MLS#
ML82045003
Status
ACTIVE
Property Type
res
Bedrooms
14
Total Bathrooms
8
Full Bathrooms
8
Sqft. of Residence
6,582
Lot Size
0.1364
Listing Area
Central San Jose
Year Built
1900

Property Description

INVESTORS! THIS PROPERTY IS TRULY A CASH MAKING MACHINE - CAP RATE OF 5.5!! It's a truly rare offering, both an historic and architectural gem and an exceptional income property in one of Silicon Valley's most exciting locations. It's a business opportunity that is totally dialed in as a SRO, with 10 bedrooms and an addition 4 suites for a total of 14 doors under rent. This property has been extensively renovated and has an effective age closer to 20-30 years. Thoughtful modernization includes a daylight lower level living area, concrete perimeter foundation, dual-pane windows, and updated electrical, plumbing, kitchen, and bathrooms. The home sits on a beautifully kept block of period homes in the shadow of San Jose's iconic City Hall, just one block from San Jose State University and minutes from SoFA, San Pedro Square, Diridon Station, and the future BART extension. For investors, owner-users, or visionaries seeking a downtown landmark with exceptional cash flow and long-term upside, opportunities like this come along but rarely.

Additional Information

Acres
0.14
Age
126
Amenities
High Ceiling
Cooling System
Window / Wall Unit
Energy Features
Low Flow Toilet, Solar Power, Double Pane Windows
Family Room
No Family Room
Floor Covering
Tile, Wood
Foundation
Concrete Perimeter
Garage Parking
Assigned Spaces, Common Parking Area, Off-Street Parking
Heating System
Radiant Floors
Living Area
6,582
County
Santa Clara
Neighborhood
Central San Jose
Other Utilities
Public Utilities
Roof
Shingle, Composition
Sewer
Sewer - Public
Style
Victorian
Zoning
RM

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Seb Frey from Compass. 408-596-1623

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