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
Parking Features: Off-Street Parking, On Street, Parking Area
Parking Total: 6
Schools
Elementary School
Elementary School District: San Jose Unified
High School
High School District: San Jose Unified
Utilities
Equipment
Cooling: Other
Heating: Wall Furnace
Sewer: Public Sewer
Utilities: Public Utilities, Water - Public
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 502 N 18th Street.
Does this multi-family home have parking?
Yes, there are 6 parking spaces available for 502 N 18th Street.
What are the annual taxes for 502 N 18th Street?
Annual taxes for this multi-family home are estimated at $22,950.
How does 502 N 18th Street compare to other multi-family homes in East Northside?
This multi-family home is listed 73% above the average price for multi-family homes in East Northside and has been on the market for 10 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,308 sqft.
502 N 18th Street is a -bedroom multi-family home for sale in San Jose CA 95112. Available on Prevu for 6 days at $1,900,000. This residence features 4,308 square feet of living space, located in East Northside. The median listing price for multi-family homes in this area is $1,199,000. Additional amenities include pets allowed and parking. View other multi-family home listings in San Jose.
Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.