502 N 18th Street
Property Overview
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 feet. 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
Home Details
- Property type
- Residential Income - Quadruplex
- Year built
- 1971
- Living area
- 4,308 sq ft
- Lot size
- 11,025 sq ft
- Parking
- 6 spaces
- Stories
- 2
- Days on market
- 99
- MLS status
- Active
- Zoning
- R3B
Features & Amenities
Parking
- Off Street
Community, Schools & Utilities
Community
- Annual property tax
- $22,950
Schools
- School district
- San Jose Unified
Utilities
- Heating
- WallFurnace
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 502 N 18th Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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