502 N 18th Street, San Jose, CA 95112
List Price: $1.9M
Listing Status: Active
0Days on Market: 0
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. 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.