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Listed by Michael Henshaw • Marcus & Millichap
$ 1,900,000
Est. payment | /mo
4,308 SqFt
$ 1,900,000
Est. payment | /mo
4,308 SqFt
Open House
Fri Jun 19, 11:00am - 12:00pm
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,308 sqft
Price per Sqft $441
MLS Listing ID ML82050750
HOA Y/N No
Year Built 1971
Lot Size 0.253 Acres
Property Sub-Type Quadruplex
Source Datashare MLSListings
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
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling Other
Fireplace No
Building
Water Public
Schools
School District San Jose Unified, San Jose Unified
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Zoe Wahidi
REALTOR® | Lic# CA DRE # 01985554