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$1,150,000
Est. payment /mo
4,251 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 41109914
HOA Y/N No
Year Built 1898
Lot Size 4,251 Sqft
Property Sub-Type Triplex
Property Description
Investment Opportunity – 712 S. 2nd St, San Jose Located in San Jose's vibrant SoFA District, 712 S. 2nd Street is a prime investment property offering excellent rental appeal and long-term growth potential. Just minutes from San Jose State University and downtown's thriving tech and cultural scene, this property is ideally positioned for strong tenant demand. Tenants enjoy walkable access to local attractions like the Institute of Contemporary Art, Parque de los Pobladores, and the popular San Pedro Square Market. The area is rich in dining, shopping, nightlife, and public transit, making it a top choice for students, professionals, and creatives alike. For investors, this location offers steady rental income and the benefit of being in one of San Jose's most active redevelopment zones. With ongoing downtown improvements and proximity to major employers, the property stands to appreciate in value while maintaining high occupancy rates. Whether you're looking to expand your portfolio or secure a high-demand rental, 712 S. 2nd Street delivers a compelling combination of lifestyle, location, and long-term potential. Offered at 6.3 Cap Rate. The City of San Jose allows a generous 5% yearly increase in rents! "Guaranteed Lower Rate On This Property - Ask Me How"
Location
State CA
County Santa Clara
Interior
Heating See Remarks
Flooring Laminate, Tile
Fireplace No
Building
Lot Description Front Yard
Sewer Public Sewer
Others
Tax ID 47217063
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by John L. Morra CENTURY 21 Masters
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