303 N 5th St - Apartments FOR SALE


San Jose, CA 95112- Northside
$1,595,000 USD
626-483-5136
303 N 5th St, San Jose, CA for Sale
$1,595,000 USD
Apartments - FOR SALE
1/19
null | 4.83% Cap Rate

303 N 5th St
San Jose, CA 95112
Northside


HIGHLIGHTS

  • Unique property with (1) 7 Bed 2 Bath unit currently being rented by the room (2) 1 Bed 1 Bath and (1) Studio units.
  • Potential for ADU addition in the back part of the parcel. (Buyers to conduct their own due diligence.)
  • 4 blocks away from San Jose State University.

OVERVIEW

The R&Z Group is thrilled to present 301 N 5th St, San Jose, CA—a 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 just minutes away. 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 approximately 4,224 square feet on a 0.19-acre lot, this property offers both tenant comfort and strong income potential. 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 couldn’t be better. Just four blocks from San Jose State University 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 Headquarters are all within close proximity, making this an ideal location for tenants and a lucrative opportunity for investors. Contact The R&Z Group of Compass Commercial today to schedule a viewing and make 301 N 5th St your next great investment!

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$378 USD /SF

# OF UNITS

4

PRICE/UNIT

$398,750

CAP RATE

4.83%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

301 N 5th St San Jose CA

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1902

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,128 SF

ZONING

R4, San Jose

APN/PARCEL ID

249-46-058

ASK ABOUT THIS PROPERTY

Ray RodriguezCompass CommercialMore Info
626-483-5136

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Ray RodriguezCompass CommercialMore Info
626-483-5136

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