51 S 19th ST, San Jose, CA 95116

$5,500,000
29,776
SqFt
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Sold Price
$5,500,000
List Price
$7,500,000
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Property Description

Incredible opportunity in Downtown San Jose. Fantastic unit mix of (30) 2 bedroom / 1 bathroom townhouses. Spacious units - 993 SF each with private balconies. Individual hot water heaters. Strong in-place rents with upside potential. Only $252/SF. Current GRM of 8.98 and Current Cap Rate of 7.37%. Terrific 1031 exchange opportunity - sellers are willing to wait to.

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Courtesy of Newmark Cornish & Carey, Justin Bautista. Selling Office: NEWCC.

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