205 South 12th Street San Jose, CA 95112
Sale
$1,699,999
Units
Beds
Baths
6,585 Area(sq.ft.)
6,585 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
0 | 0 | $ 0 | $ 0 | $ 0 |
MLS #: | 81947483ML |
Days On Market: | 140 |
County: | Santa Clara |
Property Type: | Residential Income |
Price per ft2: | $ 258 |
Year Built: | 1903 |
Property Details
This single-family home is legally permitted as SRO single room occupancy. Approved by the city to be rented each room separately. Property just a few blocks from San Jose State University. This is a nice and clean two story, 7 bed/ 3 bath with total living space 2,040 SqFt,(Plus 2 bonus finish rooms in basement) . Large lot just over 6,500 SqFt. Currently renting to 7 different students with great rental income! Current Monthly Income is $6887. Each room has its own refrigerator. Plenty of room in the back for ADU.Conveniently located nearby Downtown San Jose, Walmart SuperCenter, Happy Hollow Park & Zoo, plenty of shops and restaurants. Easy access to Highway 87, 280 and 680. As apartment rent rates continue to rise, more and more demand shows for single room rentals and especially near the college school campus area!Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
Cap Rate: | 4.8% |
Gross Rent Multiplier: | 20.83 |
Structure
Security Features: | None |
Sewer: | Sewer - Public |
Water: | Public |
Land & Parking
Zoning: | R1 |
Parking Garage: | Carport, Garage - None, On Street |
Interior
AC/Cooling: | Other |
Heating: | Other |
Exterior
Roof: | Shingle |
Detailed Map
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