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255 N 3rd Street - Park Plaza, San Jose, CA

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255 N 3rd Street - Park Plaza

San Jose, CA 95112 - Downtown San Jose East Submarket


Property Type:Multi-Family Number of Units:16 Status:Existing Year Built:1964
Stories:2 Building Size:6,525 SF Land Area:.18 AC (7,728 SF)
For Sale Price:$2,195,000 Price/Unit:$137,187.50 Cap Rate:7.50 % GRM:8.98

Parking:-


The property consists of one 2-story apartment building constructed on a 7,728 square foot lot. The structure is wood framed with stucco exterior and is built upon a masonry foundation. The roof is pitched gable style tar and gravel. All units are individually metered for electricity and gas and there is a master water heater in the parking area. There is also an on-site coin-op laundry room. Parking consists of 8 underground spaces and 6 uncovered parking spaces in the rear of the building.


McElroy Properties
Steve Guzzetti




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