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 🏢 Listing  #ML81926328

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Listing Courtesy of David Katz, David Katz, Broker 408-758-0718

545 S 9TH ST SAN JOSE, CA 95112

📐    5,044 Square Feet
🏢    9 Number of Units
🏤    Multi-Unit Residential Type

ABOUT THIS PROPERTY

The Magnify Real Estate is pleased to exclusively present the opportunity to acquire 545 S 9th St, a nine (9) unit turnkey investment property located in the highly desirable city of San Jose. The property has $1.775M of assumable debt at 3.35% making it a stellar investment in a high interest rate environment. Constructed in 1959, the property consists of (9) one-bedroom/one-bathroom units amounting to a building square feet of 5,044 and sits on 6,348 square feet of land. It features dual pane windows, recently renovated kitchens and baths, carports, newly installed metal fence, and more. The property is in an outstanding rental location and is a few blocks from SJSU and downtown San Jose. It is located near several major highways and freeways, including Highway 87, I-280, and I-880. It is also within walking distance to multiple bus stops and the San Jose Diridon Caltrain station. Finally, the property is easily accessible to major tech including Zoom, Adobe HQ, and more.

$3,050,000

List Price
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PROPERTY FEATURES

LOCATION INFORMATION

County

Santa Clara

Neighborhood

Central San Jose

MLS Area

9

INTERIOR FEATURES

Heating

Wall Furnace

Total Number of Units

9

Cooling

None

EXTERIOR FEATURES

Foundation

Wood Frame

Utilities

Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof

Composition

Parking Description

Parking Area

Septic or Sewer

Sewer - Public

Lot Size in Acres

0.146

Public

Water

RM

Zoning

RM

Metering

Metering

Master Electric, Master Gas, Master Water, Separate E

ADDITIONAL INFORMATION

Property Type

RI

Year Built

1959

APN

472-28-075

Buyer Agency Compensation

2.00%

Property SubType

Commercial Multi-Residential (5+ units)

MAP

SCHOOLS

WALK SCORE

Very Walkable

Most errands can be accomplished on foot

Good Transit

Many nearby public transportation options

Biker's Paradise

Daily errands can be accomplished on a bike

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