Active

530 N 2nd ST

SAN JOSE CA, 95112

$2,250,000


$550.39 per sqft

Active

4,088 sqft

Multi-family

Built in 1898

Listed by But Simple, Inc., David Propach, Listing Contact: 4082027125

Tiffany Villa is a beautiful 7 unit property very centrally located within exciting and vibrant Japantown. This fully occupied TURNKEY ASSET with ideal unit mix is a CASH COW with proven excellent very low vacancy operating history. It has abundant off-street parking and 8 rentable storage units for bonus income! Meticulously upgraded and maintained during 19+ years pride of ownership. Amazing curb appeal with lush landscaping and authentic 1898 Victorian character with spacious interiors, soaring windows, and decorative details. 5 unit front building with common laundry room and 8 storage units below; new roof 2005, water heater 2019, commercial grade vinyl plank flooring in 3 units 2023, some dual pane windows & LED lighting. Duplex building behind with 2 bed/1 bath units; new roof 2019. Newer carpets & paint some units. Very attractive shaded yard between the buildings with tables & seating. Great 1031 exchange upleg property. Significant appreciation opportunity for next ownership cycle. Enjoy cash flow while upgrading kitchens, baths, and front staircase to set rents much higher. Property appreciation would likely be many times such upgrade costs.

ML81969417

MLS ID

June 12, 2024

Listed

September 14, 2024

Updated

Map

530 N 2nd ST
SAN JOSE CA, 95112

Interior Features

Appliances

Cooktop, Refrigerator, Oven, Range, Washer


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.13 Acres


Lot Features

Level


Architectual Style

Victorian


Roof

Composition


Sewer

Public Sewer

School Information

School District

San Jose Unified

Other Property Details

Area Name

Central San Jose


Garage

No


Parking

Off Street


Parking Total

6


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

RM

Listed by But Simple, Inc., David Propach,
Listing Contact: 4082027125 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tony Sum | CA DRE# 01731561 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Tony Sum | CA DRE# 01731561 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 1:09 AM UTC, 9/14/2024

 

 

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