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$ 1,595,000
Est. payment | /mo
4,224 SqFt
$ 1,595,000
Est. payment | /mo
4,224 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,224 sqft
Price per Sqft $377
MLS Listing ID ML81996901
HOA Y/N No
Year Built 1902
Annual Tax Amount $18,236
Lot Size 8,280 Sqft
Property Sub-Type Quadruplex
Property Description
Welcome to 301 N 5th St, San Jose, CAa rare multifamily investment in the Hensley neighborhood! This corner lot two-story building offers tenants immediate access to Downtown San Jose, with San Jose State University, transportation, entertainment, and dining. This property features a versatile unit mix, including (1) spacious seven-bedroom, two-bath unit that is currently rented by the room, this unit offers a communal dining area, kitchen, two shared bathrooms, and a convenient coin-operated laundry. Additionally, there are (2) one-bedroom, one-bath and (1) studio units, providing stable rental income. Spanning ~4,224 square feet on a 0.19-acre lot, this property offers both tenant comfort and strong income. The garage in the back, currently leased as storage, presents an exciting opportunity for potential ADU conversion (Buyer to conduct their own due diligence). The location couldnt be better. Just four blocks from SJSU and minutes from Downtown San Jose, this property offers easy access to Highway 280, 87, and 101, putting all of Silicon Valley within reach. Major employers like Cisco, PayPal, FICO, Zoom, Western Digital, Sage Intacct, PWC, Adobe, and Apple are all within close proximity, making this an ideal location for tenants and a lucrative opportunity for investors.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R4
Interior
Heating Wall Furnace
Fireplace No
Exterior
Garage Spaces 2.0
Garage Description 2.0
View Y/N No
Roof Type Flat
Accessibility Other
Total Parking Spaces 3
Building
Story 2
Foundation Brick/Mortar
Sewer Private Sewer
Schools
School District San Jose Unified
Others
Tax ID 24946058
Special Listing Condition Standard
Listed by Tony Zizzo • Compass