Property Details
About this Property
Located in the heart of Downtown San Jose, 143 N. 8th Street features a desirable unit mix of (9) 2+1 many of which have upgrades to kitchens and baths. The well maintained property features double pane windows throughout, (2) washers and (2) dryers, and one unit has central heat and A/C. The property is convenient to transit and Japantown amenities, walking distance to San Jose State University, and benefits from proximity to world-renown employers. Existing debt is assumable at historically attractive rate and remaining term (3.15% fixed for another +/- 3 years). Strong in-place financial performance: GIM of 12.84 and Current CAP Rate of 5.25%. This is part of a three-property portfolio and may be acquired individually or in combination with 515 E. William Street and 751 S. 3rd Street located blocks away, providing a Buyer with an optimal capital deployment strategy.
MLS Listing Information
MLS #
ML81912638
MLS Source
MLSListings, Inc.
Days on Site
52
Buyer's Brokerage Compensation*
2.50
Interior Features
Cooling
Central Forced Air, Window/Wall Unit
Heating
Central Forced Air, Wall Furnace
Exterior Features
Roof
Bitumen
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Attached Garage, Covered Parking, On Street, Garage: 3 Car(s)
Elementary District
San Jose Unified
High School District
San Jose Unified
Sewer
Public Sewer
Water
Public
Zoning
RM
Nearby Homes for Sale
143 N 8th St is a Residential Income in San Jose, CA 95112. This 7,167 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,050,000 and was built in 1961. This address can also be written as 143 N 8th St, San Jose, CA 95112.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of March 17, 2023. For the most current information, please contact Joel Hopman, (415) 722-2200
