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Multifamily

145 Sunol St

145 Sunol St, San Jose, CA 95126

Listing Price: $1,350,000

Cap Rate
7.68%
Number of Units
5
GRM
8.22
Occupancy
100.0%
Price/Unit
$270,000

Investment Overview

$12,600 monthly gross rent // 7.68% cap rate! Nestled in the heart of San Jose's vibrant Midtown district, 145 Sunol Street presents a rare opportunity to acquire a five-unit multifamily community with distinctive architectural charm and a strong in-place return. Originally built in 1900, this Folk Victorian-style property exudes timeless character while offering an impressive gross building area of approximately 3,264 square feet on a generous 8,960 square foot lot. The unit mix is especially compelling, consisting of one studio, one oversized one-bedroom unit, and three spacious two-bedroom, two-bathroom units, a configuration that appeals to a wide range of tenants. With a day-one cap rate well over 7%, investors can enjoy immediate cash flow alongside long-term upside.

Investment Highlights

  • Ideal Unit Mix with Spacious Layouts
  • Exceptional In-Place Cash Flow
  • Robust Local Demographics & Employment Base
  • Prime Transit & Lifestyle Access

Exclusively Listed By

Multifamily

145 Sunol St

Listing Price: $1,350,000

Cap Rate
7.68%
Number of Units
5
GRM
8.22
Occupancy
100.0%
Price/Unit
$270,000

Investment Highlights

  • Ideal Unit Mix with Spacious Layouts
  • Exceptional In-Place Cash Flow
  • Robust Local Demographics & Employment Base
  • Prime Transit & Lifestyle Access

Investment Overview

$12,600 monthly gross rent // 7.68% cap rate! Nestled in the heart of San Jose's vibrant Midtown district, 145 Sunol Street presents a rare opportunity to acquire a five-unit multifamily community with distinctive architectural charm and a strong in-place return. Originally built in 1900, this Folk Victorian-style property exudes timeless character while offering an impressive gross building area of approximately 3,264 square feet on a generous 8,960 square foot lot. The unit mix is especially compelling, consisting of one studio, one oversized one-bedroom unit, and three spacious two-bedroom, two-bathroom units, a configuration that appeals to a wide range of tenants. With a day-one cap rate well over 7%, investors can enjoy immediate cash flow alongside long-term upside.

Exclusively Listed By

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