80 S 6th Street, San Jose, CA 95112

$2,500,000
14
BD
8
BA
6,582
SqFt

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Listing courtesy of Listing Agent: Seb Frey (sebfrey@compass.com) from Listing Office: Compass.

List Price
$2,500,000
Price Change
▼ $100,000 1784881843
Status
ACTIVE
MLS#
ML82045003
Year Built
1900
Bedrooms
14
Bathrooms
8
Living Sq. Ft
6,582
Lot Size
5,940
Days on Market
92
Property Type
Single Family Residential
Style
Victorian
Property Sub Type
Single Family Residence

Property Description

INVESTORS! THIS PROPERTY IS TRULY A CASH MAKING MACHINE - CAP RATE OF 5.5!! It's a truly rare offering, both an historic and architectural gem and an exceptional income property in one of Silicon Valley's most exciting locations. It's a business opportunity that is totally dialed in as a SRO, with 10 bedrooms and an addition 4 suites for a total of 14 doors under rent. This property has been extensively renovated and has an effective age closer to 20-30 years. Thoughtful modernization includes a daylight lower level living area, concrete perimeter foundation, dual-pane windows, and updated electrical, plumbing, kitchen, and bathrooms. The home sits on a beautifully kept block of period homes in the shadow of San Jose's iconic City Hall, just one block from San Jose State University and minutes from SoFA, San Pedro Square, Diridon Station, and the future BART extension. For investors, owner-users, or visionaries seeking a downtown landmark with exceptional cash flow and long-term upside, opportunities like this come along but rarely.

Additional Information

Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Roof
Composition, Shingle
Sewer
Public Sewer
Water
Public
School District
San Jose Unified

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.