CA | Buy house at 232 3rd Street, Horace Mann, San Jose, CA 95112, USA | San Jose, USA | MapFlagged
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0:10 Property Price
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๐ฃ Following is the detail of house for sale at 232 3rd Street, Horace Mann, San Jose, CA 95112, USA:
5,512 Sq Ft.
$2,750,000
SELLER FINANCING AVAILABLE! 10 unit building with numerous capital improvements! There is significant upside potential with this property due to the six vacant units that are ready to be leased at market rent. If sold at market rate rents, the cap rate on this building would be 5.6%, the GRM 12.5 and the price per unit would be approximately $315,000/unit. Financials based on PRO-FORMA numbers. Unit Mix: (4) 2 bed/1 bath units, 3 are occupied and have an average rent of $1,588. Market rent for 2/1 units average $2,045 - $2,200/mo. (4) 1 bed/1 bath units, all of which are vacant and can be rented at market rates, between ($1,750 - $1,950/mo). (2) studio units; One is vacant and one is rented at $1,025/mo. Studio units in this area can be rented for up to $1,650/mo depending on size and condition. 6 tuck-under and 2 uncovered parking spaces. Marketing package available. Located less than 1 mile from San Jose State University!
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โณ Location of this Property on Google Maps:
https://www.google.com/maps/@40.730610000000,-73.935242000000,13z
๐ฅ Nearest Hospitals to this Property:
Bellevue Hospital Center
Woodhull Medical & Mental Health Center
NY Harbor Healthcare System
Wyckoff Heights Medical Center
Tisch Hospital
โ๏ธ Nearest Schools to this Property:
Service Fitters' Apprenticeship Training Program
St Stanislaus Kostka Catholic Academy
St Stanislaus Kostka Catholic Acad
St. Raphael School
PS 110 the Monitor School
๐ Nearest Restaurants to this Property:
Angelo's Pizza & Deli
Geena's Cucina
K B Grand Deli
Green Point Deli
JJ Deli
๐ Nearest Train Stations to this Property:
Hewes Street Station
Grand Central - 42 St
Mta SUBWAY - 69th St/Fisk Ave
New York
33rd St Station - Path
๐ฌ Nearest Shopping Malls to this Property:
So Accurate Group
Mini Mall
Shops at the Loom
Anderson S W Sales
Woodside Mini Mall
๐ผ Nearest Parks to this Property:
Sgt. William Dougherty Playground
Dutch Kills
MSGR McGolrick Park
Kingsland Wildflowers
Under the K' Bridge Park
๐ฅ Nearest Movie Theaters to this Property:
Light Industry
DCD Exclusive Video
Film Noir
Cinema World Studios
Greenpoint Film Festival
โ Nearest Cafes to this Property:
Coffee Shop
Dunkin'
DSTRKT Coffee
Green Lane Coffee
โ๏ธ Nearest Airports to this Property:
LaGuardia-Marine Air Term Entrance
LaGuardia-Ditmars Blvd Entrance
LaGuardia Airport
LaGuardia-Grand Central E Entrance
LaGuardia-94th St Entrance
๐ข Nearest Stores to this Property:
Phoenix Beverage
United Refrigeration
Lenoble Lumber
Gold Star Moving Supplies
Furniture Masters
โ Nearest Doctors to this Property:
E.G Greenpoint Pediatrics
Marek Stawiarski
Greenpoint Doctors
Hanna Lesicka
Long Island City Physical Therapy