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530 N 2nd St

San Jose, CA 95112
  • $2,395,000
  • STATUS: Active
  • ON SITE: 198 Days
  • ID#: ML81851803
UPDATED: 91 min ago
$2,395,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,088
    SQFT
  • $586
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1898
County:

School Ratings & Info

Description

Tiffany Villa in Japantown is a beautiful 7 unit property with abundant off-street parking and 8 rentable storage units for bonus income. A real CASH COW generating $176,040 annual GSI and $108,368 NOI. Meticulously upgraded and maintained during 17+ years pride of ownership. Amazing curb appeal with lush landscaping and decorative details. Stunning interiors while retaining authentic 1898 Victorian character. Ideal unit mix in excellent condition - a TRUE TURNKEY ASSET with excellent proven operating history. 5 unit front building with common laundry room and 8 storage units below; new roof 2005, front stairs 2010, water heater 2019, some new carpets/interior paint 2020, some dual pane windows & LED lighting. Duplex building behind with 2 bed/1 bath units; new roof 2019. Very attractive shaded yard between the buildings with tables & seating. Great 1031 exchange property. Call David Propach to learn more about the significant tax advantages of owning income property!

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© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-01-16T23:47:45.337. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gilmartin Group.

Licensed in the State of California.
www.thegilmartins.com/homes/118962206
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530 N 2nd St San Jose, CA 95112

  • Price: $2,395,000
  • Status: Active
  • On Site: 198 Days
  • Updated: 91 min ago
  • ID#: ML81851803
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,088
SQFT
$586
$/SQFT
1898
Built
Neighborhood:
Central San Jose
County:
Santa Clara
Area:
Central San Jose
Property Description
Tiffany Villa in Japantown is a beautiful 7 unit property with abundant off-street parking and 8 rentable storage units for bonus income. A real CASH COW generating $176,040 annual GSI and $108,368 NOI. Meticulously upgraded and maintained during 17+ years pride of ownership. Amazing curb appeal with lush landscaping and decorative details. Stunning interiors while retaining authentic 1898 Victorian character. Ideal unit mix in excellent condition - a TRUE TURNKEY ASSET with excellent proven operating history. 5 unit front building with common laundry room and 8 storage units below; new roof 2005, front stairs 2010, water heater 2019, some new carpets/interior paint 2020, some dual pane windows & LED lighting. Duplex building behind with 2 bed/1 bath units; new roof 2019. Very attractive shaded yard between the buildings with tables & seating. Great 1031 exchange property. Call David Propach to learn more about the significant tax advantages of owning income property!
Exterior Features

Construction Type Wood FrameOther Foundation Concrete PerimeterPillars / Posts / PiersRaisedOther Garage Parking Common Parking AreaOff-Street ParkingUncovered Parking Lot Description Grade - LevelRegular Number Of Buildings 2 Pool YN No Roof Composition Style Victorian Units In Complex Min 7

Interior Features

Additional Rooms Laundry Room Beds Unit1 2 Beds Unit2 1 Cooling None Flooring CarpetVinyl / Linoleum Heating Wall Furnace Kitchen Features Cooktop - GasCountertop - FormicaCountertop - LaminateCountertop - TileOven Range - GasRefrigeratorVaries By Unit Laundry Washer / Dryer Structure Sq Ft 4088

Property Features

Accessibility Features None Additional Listing Info Not Applicable Amenities High Ceiling City Limits Yes City Name San Jose Community Name Tiffany Villa Cross Street Between Jackson & E Empire Streets Energy Saving Features Double Pane WindowsOther Hoa YN No Incorporated Yes Lot Size Area Maximum 5672.00 Meters Master ElectricMaster GasMaster WaterSeparate Gas Rent Unit1 2495 Rent Unit2 1820 Rent Unit3 1495 Restrictions None Security Features None Sewer Septic Sewer - PublicSewer ConnectedSewer in Street Sq Ft Source Assessor Utilities Natural GasPublic Utilities Water Public Zoning Rm

© 2022 MLSListings Inc. All rights reserved. Listing provided courtesy of David Propach of But Simple, Inc..


© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-01-16T23:47:45.337. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gilmartin Group.

Licensed in the State of California.
 
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Burlingame CA, 94010