74-84 N 9th St - Apartments FOR SALE


San Jose, CA 95112- Northside
$1,175,000 USD
408-483-5040
74-84 N 9th St, San Jose, CA for Sale
$1,175,000 USD
Apartments - FOR SALE
1/22
null | 6.62% Cap Rate

74-84 N 9th St
San Jose, CA 95112
Northside


HIGHLIGHTS

  • $235,000 per unit with a day-one cap rate well over 6%
  • Prime Downtown San Jose Location
  • Excellent Transit Access
  • Thriving Regional Market

OVERVIEW

Contact jcastellanos@marcusmillichap.com for OM. $9,700 monthly gross rent // 6.17% cap rate! Nestled in the heart of Downtown San Jose, 84 North 9th Street presents a rare opportunity to own a five-unit multifamily community in one of the Bay Areas most dynamic urban neighborhoods. This charming property is set within a beautifully maintained 1898 Victorian residence, showcasing timeless architectural detail and vintage character that stands apart from more conventional apartment offerings. The building totals approximately 2,280 square feet and is situated on a 6,328 square foot lot, comprising three one-bedroom units and two studio units, an ideal mix for a variety of tenant profiles. Priced at $235,000 per unit with a day-one cap rate well over 6%, this offering delivers immediate, above-market returns that are rarely seen in Silicon Valley.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$281 USD /SF

# OF UNITS

5

PRICE/UNIT

$235,000

CAP RATE

6.62%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1898

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,329 SF

ZONING

RM

APN/PARCEL ID

467-17-101

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.