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listing
1 of 19
CommercialFor Sale
$3,050,000
143 North 8th Street
San Jose, CA 95112
Listed by: Joel Hopman from Newmark Cornish & Carey, 415-722-2200
MLS: MLSListings, Inc.
Est. Mortgage
$15,844/mo

Located in the heart of Downtown San Jose, 143 N. 8th Street features a desirable unit mix of (9) 2+1 many of which have upgrades to kitchens and baths. The well maintained property features double pane windows throughout, (2) washers and (2) dryers, and one unit has central heat and A/C. The property is convenient to transit and Japantown amenities, walking distance to San Jose State University, and benefits from proximity to world-renown employers. Existing debt is assumable at historically attractive rate and remaining term (3.15% fixed for another +/- 3 years). Strong in-place financial performance: GIM of 12.84 and Current CAP Rate of 5.25%. This is part of a three-property portfolio and may be acquired individually or in combination with 515 E. William Street and 751 S. 3rd Street located blocks away, providing a Buyer with an optimal capital deployment strategy.

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Based on information from the MLSListings MLS as of 11/19/2024 12:35 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information courtesy of Newmark Cornish & Carey is subject to verification and is not guaranteed.
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