502 N 18th Street, San Jose, CA 95112
List Price: $1.9M
Listing Status: Active
0Days on Market: 48
0 Bedrooms · 0 Bathrooms · 4,308 sq ft
Property Type: ResidentialIncome
Year Built: 1971
Lot Size: 11,025 sq ft
Annual Property Tax: $22,950
MLS Number: ML82050750
About This Property
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
Listing provided by: Michael Henshaw DRE #01134592 (650) 391-1700 mhenshaw@marcusmillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: ML82050750
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.