This Multifamily Property is no longer advertised on LoopNet.com.

772-776 S 2nd St
San Jose, CA 95112

Seller Financing (85% LTV) · Multifamily Property For Sale · 7 Units

INVESTMENT HIGHLIGHTS

  • Seller Financing: Up to 85% LTV for 36 MONTHS
  • Value-Add Opportunity: increase cash flow by raising rents on the garage spaces and renting out the storage units + basement studio
  • Potential low-down payment of just $359,850
  • Strong Airbnb Rental Market: $8,300 average monthly income in June, July and August of 2022

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.20 AC
Building Size 4,998 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1898/2023
Parking Ratio 1.6/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 3 - -
2+1 3 - -
4+2 1 - -

PROPERTY TAXES

ZONING

Zoning Code MUN (Mixed Use Neighborhood)
  • Listing ID: 27762189

  • Date on Market: 2/15/2023

  • Last Updated:

  • Address: 772-776 S 2nd St, San Jose, CA 95112