3557 San Felipe Rd - Apartments FOR SALE


San Jose, CA 95135- Silverland
$1,265,000 USD
415-722-2200
3557 San Felipe Rd, San Jose, CA for Sale
$1,265,000 USD
Apartments - FOR SALE
1/16
null | 5.72% Cap Rate

3557 San Felipe Rd
San Jose, CA 95135
Silverland


HIGHLIGHTS

  • Rarely Available Multifamily Offering in Silver Creek Area of San Jose
  • Newer Roof: 2020 with Permits
  • Proximate to Amazing Recreation, Retail, and Restaurant Options

OVERVIEW

3557 San Felipe Road is a charming 5-unit property located near the highly desireable Silver Creek area of San Jose. The property has a newer comp shingle roof (2020 with permit) and water heater (2024 with permit). All units are 1+1 with spacious layouts and ample closet space. Tenants benefit from a 2:1 on-site parking ratio and close proximity to recreation options such as Coyote Creek Trail, Evergreen Village Square and Duck Pond, and the 178 acre Hellyer County Park featuring playgrounds, dog park, hiking, picnic tables, fishing, biking, and courts.

FOR SALE DETAILS

PRICE

$1,265,000 USD

PRICE/SF

$417 USD /SF

# OF UNITS

5

PRICE/UNIT

$253,000

CAP RATE

5.72%

% LEASED

60%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,960 SF

ZONING

R1B2

APN/PARCEL ID

676-33-008

ASK ABOUT THIS PROPERTY

Joel HopmanARA NewmarkMore Info
415-722-2200

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Joel HopmanARA NewmarkMore Info
415-722-2200

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