Description
508 S. 11th Street is a 20-unit multifamily property located two blocks from San Jose State University. This is a tremendous opportunity for an investor to acquire a property in the heart of Silicon Valley. The property has been extensively renovated and mostly occupied, allowing a new owner to have strong cash flow from day one with a turnkey asset. The unit mix consists of (1) 1 bedroom / 1 bathroom that is approximately 600 sq ft and (19) 2 bedroom / 2 bathroom that are approximately 821 sq ft each. The property sits on a 0.29 acre (or 12,506 sq ft) lot. Among the amenities are a laundry room along with assigned parking and a gated entrance that provides a sense of security.
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0BEDS
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0.29ACRES
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0BATHS
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01/2 BATHS
Description
508 S. 11th Street is a 20-unit multifamily property located two blocks from San Jose State University. This is a tremendous opportunity for an investor to acquire a property in the heart of Silicon Valley. The property has been extensively renovated and mostly occupied, allowing a new owner to have strong cash flow from day one with a turnkey asset. The unit mix consists of (1) 1 bedroom / 1 bathroom that is approximately 600 sq ft and (19) 2 bedroom / 2 bathroom that are approximately 821 sq ft each. The property sits on a 0.29 acre (or 12,506 sq ft) lot. Among the amenities are a laundry room along with assigned parking and a gated entrance that provides a sense of security.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-10T15:28:40.59. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.