523 N 2nd St

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523 N 2nd St

San Jose, CA 95112
Asking Price
$10.60M
Cap Rate
6.17%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

​Exceptional San Jose Investment Opportunity <ul><li>​Exceptional San Jose Investment Opportunity - Investors have the opportunity to acquire an exceptional multifamily asset in one of the most dynamic and desirable locations in the South Bay.</li><li>​Extensive Capital Improvements - 523 N 2nd St has undergone extensive capital improvements including a new roof installation in 2024, complete interior renovations for all units, and dual-pane windows throughout.</li><li>​Convenient Community Amenities - Tenants enjoy convenient community am

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NOI
$80,000
Cap Rate
0.75%
DSCR
0.13
Underwater
Cash-on-Cash
-17.27%
Monthly Payment
$52,443.016
Annual Cash Flow
$-549,316.197

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