Property Description

547 S 11th Street in San Jose offers investors the unique opportunity to own a multi-family rental property in a highly- respected submarket of the Silicon Valley. The subject property has a unit mix of six (6) two bedroom/ one bath units and two (2) one bedroom/one bath units. This unique two story Style building consists of 5,489 rentable square feet on .21 Acres of land with on-site tenant parking. The current owner has maintained the building and has kept his pride and ownership style of management throughout his time of ownership. With San Jose rental market on an upswing, this property offers great rent upside potential.

Location Description

This property benefits from its prime location within one of the most desirable rental submarkets in the South Bay. All major freeways including Highway 280, 880, 87, and 101 are nearby making it an ideal location for the everyday commuter. It is conveniently located in the heart of Downtown San Jose. Downtown San Jose has numerous restaurants, and entertainment venues including the San Jose Museum of Art and the SAP Center, which is home of the San Jose Sharks of the National Hockey League. The venue may also be known as the Shark Tank . San Jose State University along with the Cal-train station is also only a short distance from the subject property. 547 S 11th Street presents a unique opportunity for the discovering investor looking to purchase a stabilized asset in an improving location.