59 S 11th Street Active Save Request In-Person Tour Request Virtual Tour
San Jose,CA 95112
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $724
MLS Listing ID ML82017776
HOA Y/N No
Year Built 1901
Lot Size 6,165 Sqft
Property Sub-Type OTHER
Source Datashare MLSListings
Property Description
Spacious and unique 2-story Victorian house with large backyard and deattached cottage. Home is 2,000 sqft, 5bd/4ba with high ceilings and a fireplace on the first floor. 2 of the bedrooms and bathrooms are on the 1st floor for ease of access. The cottage adds another 1bd/1ba, 554 sqft of living space and has its own laundry and private garden. The property can accommodate large and/or multi-generational families. 2nd floor has a kitchenette for convenience. The large finished basement offers 525sqft of extra storage and the driveway can fit up to 4 cars. Prime downtown San Jose location close to dining, public transit, San Jose State University, San Pedro Square, Dr Martin Luther King Library, SAP center, the Tech Museum and more! Currently fully rented with an income of $7,700/mo ($92,400/yr). Rents easily and there are still opportunities to increase rent. This versatile property presents many options to the buyer. Buyer can take over lease and enjoy the cash flow until the lease ends next summer and then decide to owner occupy or just continue the income producing investment. Can also live in main home (5bd/4ba) and rent out cottage (1bd/1ba).
Location
State CA
County Santa Clara
Interior
Heating Forced Air,Natural Gas
Flooring Laminate,Tile
Fireplace No
Exterior
View Downtown
Schools
School District San Jose Unified,San Jose Unified