581 & 583 North. 2nd St., San Jose, CA 95112 - ML81854977 - iPro Real Estate

581 & 583 North. 2nd St.
San Jose, CA 95112

Pending, Multi-Family/Income Sale

For Sale

$1,098,000 $875.60 per sqft

Free Professional CMA

Listing ID : ML81854977

  • Garage

    2
  • Structure / Lot Size

    1,254 Sqft / 0.0971 Acre
  • Year

    1946

Description

A prime income-earning opportunity awaits you in the heart of Silicon Valley. This Duplex features 1 bedroom, 1 bathroom, separate gas/electric meters, and a one-car garage per unit. Amazing future upside potential. Live in one unit and rent the other to help pay for the mortgage or rent both units for top dollar. Why not?! Increased rental potential with the upcoming Google Village. Great location close to San Jose State University, SAP center as well as Adobe, Oracle, Zoom, and easy access to freeways.

Details

Type: Multi-Family/Income Sale 
Subdivision: Central San Jose 
County: Santa Clara 
Security Features: Other 
Tax ID: 249-43-033
School District: San Jose Unified
Building Size: 1,254 SqFt 
Cap Rate: 3.78% 
Gross Rent Multiplier: 25.42 
Days on Market: 1,015 
Access Features: Parking, Other 
AltCal ID: ML81854977 
Flooring: Hardwood, Laminate, Tile, Vinyl / Linoleum 
Foundation: Concrete Perimeter 
Horse Property: No
Kitchen: Oven - Gas, Refrigerator 
Number of Buildings: 1 
Number of Units: 2 
Parking Spaces: 2 
Property Type: Commercial Sale 
Roof: Composition, Shingle 
Sewer: Sewer - Public 
Sub Type: Duplex 
Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities 
Water: Public 

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Interactive

37.346886 -121.897392 $1,098,000 ML81854977
581 & 583 North. 2nd St., San Jose, CA 95112
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Listed by Julia Ortegon with Sereno

Based on information from the MLSListings MLS) as of 5/1/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 5/1/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2024 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes