650 South 8th Street
650 South 8th Street
$5,185,000
—
9,769
9,769
$531
Pending ( Do Not Show )
Description
Priced to sell! 17 Units in Prime San Jose Location! Just Three Blocks from SJSU & a 2 Minute Drive to Downtown San Jose. Incredible In Place Annual Income of $417,528, Positioning the Property at a CURRENT 5.27% CAP Rate! Self Manage and This Property Operates at a Current 5.6% CAP. Excellent Unit mix of (15) 1beds & (2) 2bed Units, 15 of which have been update/remodeled since 2016. Property also Benefits from a New Roof (2019), New Commercial Water Heaters, New Landscaping & Professional Management....Priced to sell! 17 Units in Prime San Jose Location! Just Three Blocks from SJSU & a 2 Minute Drive to Downtown San Jose. Incredible In Place Annual Income of $417,528, Positioning the Property at a CURRENT 5.27% CAP Rate! Self Manage and This Property Operates at a Current 5.6% CAP. Excellent Unit mix of (15) 1beds & (2) 2bed Units, 15 of which have been update/remodeled since 2016. Property also Benefits from a New Roof (2019), New Commercial Water Heaters, New Landscaping & Professional Management. Beautiful Curb Appeal. Must See to Appreciate! Property selling for personal reasons. Quick Close/Strong Terms Encouraged. TOUR SCHEDULE: Wednesday, 3/27, 10:30. SATURDAY TOUR: 3/30 CANCELLED, Rescheduling TBD
- Listed by Neel Bhatia • DRE #01464424 • Brokerage DRE #01908304 • Coldwell Banker Realty • 408-828-4024
Property Details for 650 South 8th Street
MLS City Name
SAN JOSE
Building TypeOther
Garage Spaces0
Parking Spaces0
Location
LISTING UPDATED: 04/23/2024 03:44 PM
Property Details for 650 South 8th Street
Status | Pending ( Do Not Show ) |
---|---|
MLS # | ML81958747 |
Days on Compass | 31 |
Taxes | $57,289 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1958 |
Lot Size | 0.36 AC / 15,682 SF |
County | Santa Clara County |
Location
Building Information for 650 South 8th Street
Stories-Residences-Year Built1958Building Size-Lot Size0.36 AC / 15,682 SF
Payment Calculator
$33,071 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 650 South 8th Street
Property History for 650 South 8th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 650 South 8th Street
Taxable ValueLand$3,440,609Additions$3,268,907Total$6,709,516
Tax Record2023$85,225 ($7,102 / month)
Home Facts
Total Finished SqFt9,769 SqFtAbove Grade Finished SqFt9,769 SqFtStories2Lot Size15,732 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningRMCountySANTA CLARAAPN472-24-006Fireplace TypeHas Fireplace
Schools near 650 South 8th Street
This home is within San Jose Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Lowell Elementary School PublicK to 5 | ||
Herbert Hoover Middle School Public6 to 8 | ||
Abraham Lincoln High School Public9 to 12 | ||
Downtown College Preparatory Middle Charter5 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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