80 S 6th Street, San Jose, CA 95112

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

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List Price
$2,500,000
Price Change
▼ $100,000 1784882622
Days on Market
94
MLS#
ML82045003
Building / Subdivision
Ca
Bedrooms
14
Bathrooms
8
Living Sq. Ft
6,582
Lot Size
5,940
Type
Single Family Residential
Zip
95112
City
San Jose

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

School District
San Jose Unified
Building Type
Detached
Garageparking
Off Street
Neighborhood
Ca
Heating
Radiant
Year Built
1900
Water Sewer
Public
Flooring
Tile, Wood
Acres
0.14
Roof
Composition Shingles
High School
San Jose Unified
Style
Victorian
Elementary School
San Jose Unified
Stories
2

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Listing courtesy of Seb Frey from Compass. 408-596-1623

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