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45 N 8th ST, San Jose, California

$3,488,000Active

45 N 8th ST, San Jose, California 95112
Justin Bautista~Newmark Cornish & Carey - MLS® ID: ML81673296

Property Details

45 N 8th ST, San Jose, California 95112 - This impeccably maintained 12-unit apartment building has been extensively renovated. Full exterior renovation. New dual paned windows, exterior paint, landscaping and hardscaping. New concrete foundation and basement slab. Addition of new laundry room. Upgraded electrical service - 400 amps. New trash enclosure, mailboxes and front stairs. Designer entry facade and secured building entry system. New hot water heaters. 11 of 12 units extensively renovated. LVT flooring throughout, new cabinets, Quartz countertops, stainless steel appliances. Pass through kitchen with breakfast bar. Completely upgraded bathroom - new shower enclosure, toilet, medicine cabinet. New electric heaters. Modern ceiling fan with remote control. New LED light fixtures. Outstanding investment opportunity. 5.14% current cap rate. 5.56% market cap rate.

Amenities

  • Zip95112
  • CountySanta Clara
  • SQFT4662
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning typeRM
  • Year built1888
  • Lot size.219
  • SewerSewer - Public
  • HeatingWall Furnace
  • CoolingNone
  • Parking12
  • Office ID5009335
  • Agent ID5066982
  • Agent nameJustin Bautista
  • MLS® IDML81673296

Broker: Justin Bautista~Newmark Cornish & Carey

Listing Courtesy of Justin Bautista~Newmark Cornish & Carey

Have Questions?

“Christina, we would like to extend our thanks for all of your hard work and diligence. This whole process could not have gone as smooth as it did without the great communication you have provided. I will gladly recommend you to anyone who wishes to buy or sell their house. We can’t thank you enough!”

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(650) 382-2880