431 S 11Th St San Jose, CA 95112
Other
MLS #: 41114871
Courtesy Of RE/MAX Accord
Property InformationDescription
Welcome to a Prime Investment Opportunity! More than 5% CAP rate! Discover this exceptional 9-unit apartment building, ideally located just a quarter block from San Jose State University and Downtown San Jose offering unbeatable convenience and high rental demand. The property features 8 covered carports, each with its own storage space, plus 1 enclosed garage and 2 open parking spots, providing ample parking for tenants. Residents also enjoy on-site laundry with QR code payment access, while owners benefit from two additional storage units and one office space for personal use. All nine units are fully occupied, highlighting the strong rental performance in this sought-after area. Recent improvements include new wall heaters, updated bathtub faucets, freshly painted exterior and stairways, automatic irrigation, and modernized mailboxes ensuring a well-maintained and attractive property. With significant upside rent potential, this is a rare opportunity to own a stable, income-producing asset in a thriving urban location. Don t miss the chance to invest in comfort, practicality, and long-term value!
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Stucco
- Floor Covering: Laminate
- Floor Covering: Tile
- Floor Covering: Carpet
- Heating System: Electric (Heating)
- Heating System: Forced Air
- MLSID: 41114871
MAP & DIRECTIONS
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