502 N 18th ST, San Jose, CA 95112
- $1,900,000
- 4,308
- SqFt
- List Price
- $1,900,000
- MLS#
- ML82050750
- Status
- ACTIVE
- Zoning
- R3B
- Sqft. of Residence
- 4,308
- Lot Size
- 0.2543
- Listing Area
- Central San Jose
Property Description
Marcus & Millichap is pleased to present the investment opportunity North 18th Flats located at 502, 504, 506 and 508 N. 18th Street San Jose, California. This attractive, four-unit apartment complex is situated on a parcel of land totaling 0.25 acres and features a gross building area of approximately 4308 square feet. The property features two duplex style buildings four three bed/one bath units of about 1077 square feet. Each unit contains modern appliances, upgraded windows, and washer dryer hook ups. The property offers an in place Cap Rate of 5.55 with a 13.01 GRM - PROFORMA CAP RATE OF 7.46 and 10.47 PROFORMA GRM
Additional Information
- Acres
- 0.25
- Age
- 55
- Cooling System
- Other
- Foundation
- Other
- Garage Parking
- Off-Street Parking, On Street, Parking Area
- Heating System
- Wall Furnace
- Living Area
- 4,308
- County
- Santa Clara
- Neighborhood
- Central San Jose
- Other Utilities
- Public Utilities
- Roof
- Other
- Sewer
- Sewer - Public
- Special Features
- Other
- Total Number Of Units
- 4
- Zoning
- R3B
Mortgage Calculator
Listing courtesy of Michael Henshaw from Marcus & Millichap. 650-269-6453
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