544550 S 6th Street San Jose, CA 95112
First time ever available on market, 544-550 S 6th Street represents the rare opportunity to acquire an exceptional 10-unit multifamily asset on one of the best blocks of Downtown San Jose. This asset was originally built in 1969 and is situated on two contiguous parcels totaling 11, 868 square feet. The property features Ten (10) beautifully designed two-bedroom/one-bathroom floor plans that are approximately 800 square feet each. This asset has recently undergone extensive renovations to all ten units, including new stainless steel appliances, LVT flooring, quartz countertops, LED lighting, and washer & dryers in Nine (9) units. The exterior has also gone through major upgrades including new stucco, wood siding, stacked stone, and all new dual pane windows throughout. There is an attractive $2, 070, 000 fixed assumable loan at 3.80% interest through June 2030, that re-adjusts to 5.00% interest through June 2040. The note calls for interest only payments through June 2040, allowing for maximum cash flow during the Sixteen (16) years remaining on the existing note. The loan must be assumed and subject to lender approval.
- Property TypeCommercial
- NeighborhoodN/A
- CountySanta Clara
- Taxes$53,975
- HOA/Condo/Coop Fees$0
- Days on Site16 Days
- MLS StatusActive Under Contract
- MLS ID NumberML81962458
- Home Size Source Other
- Year Built1969
- Lot Size0.2725 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 544550 S 6th Street San Jose, CA 95112
yesterday | |
yesterday | |
2 weeks ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Parking Spaces 15
- Acreage 0.2725
- Zoning RM
- Listing Conditions Standard
Interior Features
- Cooling None
Exterior Features
- Roof Composition
Community Features
- Association Dues 0
- MLS Area 699 - Not Defined