Property Details
About this Property
Located in the heart of Downtown San Jose, 515 E. William Street features a desirable unit mix of (4) 2+1s and (8) 1+1s all of which have upgrades including quartz or granite countertops and shaker-style cabinetry in kitchens and baths. The well maintained property features double pane windows throughout, (2) washers and (2) dryers, and a basement with ample owners storage and (2) washers and (2) dryers. The property is convenient to transit and daily retail amenities, is walking distance to San Jose State University, and benefits from proximity to world-renown employers. Existing debt is assumable at historically attractive rate and remaining term (3.05% fixed for another +/- 3.5 years). Strong in-place financial performance: GIM of 12.26 and Current CAP Rate of 5.61%. This is part of a three-property portfolio and may be acquired individually or in combination with 143 N. 8th and 751 S. 3rd Streets, providing a Buyer with an optimal capital deployment strategy.
MLS Listing Information
MLS #
ML81912637
MLS Source
MLSListings, Inc.
Interior Features
Flooring
Carpet, Vinyl/Linoleum
Laundry
Coin Operated
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Bitumen
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Covered Parking, Garage: 0 Car(s)
Elementary District
San Jose Unified
High School District
San Jose Unified
Sewer
Public Sewer
Water
Public
Zoning
RM
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 12 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 498 | 1 | 1/0 | $1,930 | $2,075 | 8 |
| 2 | 680 | 2 | 1/0 | $1,775 | $2,245 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
515 E William St is a Residential Income in San Jose, CA 95112. This 7,620 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1957. This address can also be written as 515 E William St, San Jose, CA 95112.
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This listing information is up-to-date as of June 25, 2024. For the most current information, please contact Joel Hopman, (415) 722-2200
