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59 S 5th Street, San Jose, CA 95112
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59 S 5th Street
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  • MLS#: ML82002208 ( )
  • Street Address: 59 S 5th Street
  • Viewed: 2
  • Price: $3,728,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1922
  • Bldg sqft: 0
  • Days On Market: 15
  • Additional Information
  • County: SANTA CLARA
  • City: San Jose
  • Zipcode: 95112
  • Provided by: Marcus & Millichap
  • Contact: Eymon Eymon
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Marcus & Millichap is please to present 59 S 5th Street, a charming 16 unit Colonial Revival apartment building located in the heart of Downtown San Jose, California. This rare opportunity offers investors the chance to own a character rich asset in one of Silicon Valley's most desirable areas. The timeless architecture appeals to renters seeking charm and a sense of place, distinguishing it from more generic modern buildings. Ideally situated across from San Jose State University (37,500+ students, 4,300+ staff) and next to San Jose City Hall, the property enjoys strong rental demand and prime walkability. With a low price of $233,000 per unit, strong in place cash flow, and attractive bank financing options, 59 S 5th Street is a compelling investment in a high growth market. Opportunities like this in Downtown San Jose are rare don't miss out.
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Features
Building Area Total
  1. 10706.00
Carport Spaces
  1. 0.00
Construction Materials
  1. Concrete
Cooling
  1. None
Heating
  1. Wall Furnace
Insurance Expense
  1. 16383.00
Otherexpense
  1. 30108.00
Parcel Number
  1. 46723023
Security Features
  1. Gated with Guard
Totalexpenses
  1. 143007.00
Trash Expense
  1. 4865.00
Water Source
  1. Public
Year Built
  1. 1922
Year Built Source
  1. Other
Zoning
  1. R4