301 N 5th ST, San Jose, CA 95112 – ML81996901 - Matt Cossell

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Matt Cossell

matt@mattcossellteam.com +1(408) 761-3271

Listed by Tony Zizzo • Compass

$1,595,000

Est. payment - /mo

9 Beds

5 Baths

4,224 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,224 sqft

Price per Sqft $377

MLS Listing ID ML81996901

Bedrooms 9

Full Baths 5

Year Built 1902

Lot Size 8,280 Sqft

Property Sub-Type Fourplex

Property Description

Welcome to 301 N 5th St, San Jose, CAa rare multifamily investment in the Hensley neighborhood! This corner lot two-story building offers tenants immediate access to Downtown San Jose, with San Jose State University, transportation, entertainment, and dining. This property features a versatile unit mix, including (1) spacious seven-bedroom, two-bath unit that is currently rented by the room, this unit offers a communal dining area, kitchen, two shared bathrooms, and a convenient coin-operated laundry. Additionally, there are (2) one-bedroom, one-bath and (1) studio units, providing stable rental income. Spanning ~4,224 square feet on a 0.19-acre lot, this property offers both tenant comfort and strong income. The garage in the back, currently leased as storage, presents an exciting opportunity for potential ADU conversion (Buyer to conduct their own due diligence). The location couldnt be better. Just four blocks from SJSU and minutes from Downtown San Jose, this property offers easy access to Highway 280, 87, and 101, putting all of Silicon Valley within reach. Major employers like Cisco, PayPal, FICO, Zoom, Western Digital, Sage Intacct, PWC, Adobe, and Apple are all within close proximity, making this an ideal location for tenants and a lucrative opportunity for investors.

Location

State CA

County Santa Clara

Area Central San Jose

Zoning R4

Interior

Heating Wall Furnace

Cooling Other

Exterior

Parking Features Detached Garage, On Street

Garage Spaces 2.0

Utilities Available Public Utilities

Roof Type Flat / Low Pitch

Building

Story 2

Foundation Brick / Mortar Perimeter, Crawl Space

Sewer Sewer - Private

Water Private / Mutual

Level or Stories 2

Others

Tax ID 249-46-058

Security Features Other

Horse Property No

Special Listing Condition Not Applicable

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Matt Cossell

+1(408) 761-3271

Top 1% Realtor | License ID: 01382971

Top 1% Realtor License ID: 01382971

301 N 5th ST San Jose, CA 95112

Matt Cossell

Key Details

Location

Interior

Exterior

Building

Others