1022 Vermont St - Apartments FOR SALE


San Jose, CA 95126- Vermont-McKendrie
$2,100,000 USD
408-483-5040
1022 Vermont St, San Jose, CA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/18
null | 3.74% Cap Rate

1022 Vermont St
San Jose, CA 95126
Vermont-McKendrie


HIGHLIGHTS

  • Prime San Jose Location Near Santa Clara University, The Alameda, The Rose Garden, and Bellarmine College Preparatory
  • Mature Landscaping and Excellent Curb Appeal Attracting Quality Tenants
  • Walkable To The Alameda, Offering Retail, Fine Dining, And Strong Employers
  • Ideal One-Bedroom, Townhome-Style Floor Plans
  • First Time Offered For Sale Since 1985

OVERVIEW

The Castellanos Team is excited to present 1022 Vermont Street, a charming five-unit townhome-style apartment community ideally situated on the border of San Jose and Santa Clara. Built in 1965, the property spans 3,910 rentable square feet on a generous 7,500 square foot lot. Each of the five spacious one-bedroom, one-bathroom units is designed in a two-story townhome layout, offering tenants privacy and comfort. Every unit features its own private backyard patio, enhancing livability and tenant retention. The property also includes a dedicated laundry room and reserved covered parking under a detached carport. The exterior is thoughtfully landscaped, contributing to strong curb appeal and a welcoming residential atmosphere.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$327 USD /SF

# OF UNITS

5

PRICE/UNIT

$420,000

CAP RATE

3.74%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,501 SF

ZONING

R3

APN/PARCEL ID

230-42-083

ASK ABOUT THIS PROPERTY

Jimmy CastellanosMarcus & MillichapMore Info
408-483-5040

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Jimmy CastellanosMarcus & MillichapMore Info
408-483-5040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.