502 N 18th Street, San Jose, CA 95112

$1,900,000
4,308
SqFt

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List Price
$1,900,000
Status
ACTIVE
MLS#
ML82050750
Year Built
1971
Property Type
Quadruplex
Living Area
4,308
Lot Size
11,025
Acres
0.25
County
Santa Clara
Subdivision
Ca

Property Description

OPEN HOUSE 6/19/26 FROM 11AM TO 12pm Marcus & Millichap is pleased to present the investment opportunity North 18th Flats located at 502, 504, 506 and 508 N. 18th Street San Jose, California. This attractive, four-unit apartment complex is situated on a parcel of land totaling 0.25 acres and features a gross building area of approximately 4308 square feet. The property features two duplex style buildings four three bed/one bath units of about 1077 square. Each unit contains modern appliances, upgraded windows, and washer dryer hook ups. The property offers an in place Cap Rate of 5.55 with a 13.01 GRM - PROFORMA CAP RATE OF 7.46 and 10.47 PROFORMA GRM

Additional Information

Roof
Other
Water Sewer
Public
Elementary School
San Jose Unified
High School
San Jose Unified

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Calculator source: Real Geeks

Listing courtesy of Michael Henshaw from Marcus & Millichap. 650-269-6453

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