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Listed by John L. Morra • CENTURY 21 Masters
$ 1,214,000
Est. payment | /mo
7 Beds
3 Baths
2,470 SqFt
$ 1,214,000
Est. payment | /mo
7 Beds
3 Baths
2,470 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,470 sqft
Price per Sqft $491
MLS Listing ID BE41094104
Bedrooms 7
Year Built 1898
Lot Size 4,250 Sqft
Property Sub-Type Triplex
Source Bay East
Property Description
Investment Opportunity - 712 S. 2nd St, San Jose Located in San Jose's vibrant SoFA District, 712 S. 2nd Street is a prime investment property offering excellent rental appeal and long-term growth potential. Just minutes from San Jose State University and downtown's thriving tech and cultural scene, this property is ideally positioned for strong tenant demand. Tenants enjoy walkable access to local attractions like the Institute of Contemporary Art, Parque de los Pobladores, and the popular San Pedro Square Market. The area is rich in dining, shopping, nightlife, and public transit, making it a top choice for students, professionals, and creatives alike. For investors, this location offers steady rental income and the benefit of being in one of San Jose's most active redevelopment zones. With ongoing downtown improvements and proximity to major employers, the property stands to appreciate in value while maintaining high occupancy rates. Whether you're looking to expand your portfolio or secure a high-demand rental, 712 S. 2nd Street delivers a compelling combination of lifestyle, location, and long-term potential. Offered at 6.7 Cap Rate. The City of San Jose allows a generous 5% yearly increase in rents!
Location
State CA
County Santa Clara
Area Central San Jose
Interior
Heating Other
Cooling Ceiling Fan
Flooring Laminate, Tile
Laundry Other
Exterior
Exterior Feature Siding - Wood
Parking Features No Parking
Roof Type Other
Building
Lot Description Other, Regular
Sewer Sewer - Public
Water Public
Others
Tax ID 472-17-063
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Ryan Mull
Broker-Associate | Lic# 01329887