A unique rental property, directly across the street from San Jose State University. This 5-unit apartment building actually has 6 legal units! There are three, 2BD/1BA units; two, 1BD/1BA units & a permitted, legal, 3BD/2BA+office SRO unit. The building is classified as 5-unit building only because there are 5 on-site parking spaces, but there are six (6) legal, permitted units. All the units are fully rented. The 3-bedroom unit is currently being rented as an SRO unit (Single Room Occupancy). The unit can continue to be operated in this manner or it can be rented out as a fully functional 3BD/2BA+office unit with minor modifications. There is also a laundry room with appliances within this unit. There is large upside potential with this property. The rents are below market, especially due to its proximity to San Jose State University, and although the units are in reasonably good condition, they could be upgraded to generate considerably higher revenue. At present the building gener

• MLS: ML81988216
• Type: 701
• Listed: 12/9/2024
• Schools: GS Dist: San Jose Unified District
  HS Dist: San Jose Unified District
• Year Built: 1951

Flooring Carpet Hardwood Laminate Vinyl / Linoleum General Features Cooling: None Foundation: Concrete Perimeter Heating: Wall Furnace Laundry: Washer / Dryer Roof: Composition Subclass: 701 Water: Public

Garage Parking Features Common Parking Area Sewer Septic Sewer - Public Sewer Connected Sewer in Street

Kitchen Appliances - Vary by Unit Countertop - Formica Oven Range Refrigerator