84 N 9th St new Save Request In-Person Tour Request Virtual Tour
San Jose,CA 95112
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $515
MLS Listing ID ML82026157
Style Victorian
Bedrooms 1
Full Baths 1
Year Built 1898
Lot Size 6,328 Sqft
Property Sub-Type Five or More Units
Property Description
OFFER DATE: Monday, November 17th at 5:00 PM. $9,700 monthly gross rent // 6.17% cap rate! Nestled in the heart of Downtown San Jose, 84 North 9th Street presents a rare opportunity to own a five-unit multifamily community in one of the Bay Areas most dynamic urban neighborhoods. This charming property is set within a beautifully maintained 1898 Victorian residence, showcasing timeless architectural detail and vintage character that stands apart from more conventional apartment offerings. The building totals approximately 2,280 square feet and is situated on a 6,328 square foot lot, comprising three one-bedroom units and two studio units, an ideal mix for a variety of tenant profiles. Priced at $235,000 per unit with a day-one cap rate well over 6%, this offering delivers immediate, above-market returns that are rarely seen in Silicon Valley.
Location
State CA
County Santa Clara
Area Central San Jose
Zoning RM
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Assigned Spaces
Utilities Available Individual Electric Meters,Individual Gas Meters
Roof Type Composition,Shingle
Building
Foundation Brick
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable