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Additional details
Listed by Jimmy Castellanos • Marcus & Millichap
$1,350,000
Est. payment /mo
3,264 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 3,264 sqft
Price per Sqft $413
MLS Listing ID ML82026156
HOA Y/N No
Year Built 1900
Lot Size 8,960 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
OFFER DATE: Monday, November 17th at 5:00 PM. $12,600 monthly gross rent // 7.68% cap rate! Nestled in the heart of San Jose's vibrant Midtown district, 145 Sunol Street presents a rare opportunity to acquire a five-unit multifamily community with distinctive architectural charm and a strong in-place return. Originally built in 1900, this Folk Victorian-style property exudes timeless character while offering an impressive gross building area of approximately 3,264 square feet on a generous 8,960 square foot lot. The unit mix is especially compelling, consisting of one studio, one oversized one-bedroom unit, and three spacious two-bedroom, two-bathroom units, a configuration that appeals to a wide range of tenants. With a day-one cap rate well over 7%, investors can enjoy immediate cash flow alongside long-term upside.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood
Fireplace No
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Vicky Van Brocklin
Broker | License ID: 01512910
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