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    568 N 1st Street

    San Jose, CA 95112
    • $7,250,000
    • STATUS: Active
    • ON SITE: 68 days
    • ID#: ML81806947
    UPDATED: 132 min ago
    $7,250,000
    • 0
      BEDS
    • 0.63
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1936
    County:

    School Ratings & Info

    Description

    This listing includes 3 parcels for the following addresses: 568-576 N 1st St & 557 N 2nd Street The Maxwell offers 18 1-BR units, including two penthouse units. The penthouse units each w/expansive patios. The property consists of 4 buildings on a block-wide 27,360 SF lot, spanning between 1st & 2nd Streets in North San Jose. 50% of the units have been renovated (9/18) with new flooring, lighting, interior hardware, fixtures, paint & appliances. Recently completed projects include new mailboxes, exterior paint, new TPO roofs (2017), refurbished hardwood floors (foyers/stairwells), exterior doors, new exterior fire stairwell, and landscaping. Units are individually metered for electricity & gas, with master water for each building. Residents enjoy the convenience of off-street assigned parking, stacked in-unit washer/dryers, and ultra-convenient access to shopping, dining, and entertainment including San Pedro Square and Coleman Plaza. Steps form VTA Lightrail.

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-27T23:40:57.603.

    www.lucasgphomes.com/homes/109188482
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    568 N 1st Street San Jose, CA 95112

    • Price: $7,250,000
    • Status: Active
    • Updated: 132 min ago
    • ID#: ML81806947
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.63
    Acres
    1936
    Built
    Neighborhood:
    All Other Counties/States
    County:
    Santa Clara
    Area:
    All Other Counties/States
    Property Description
    This listing includes 3 parcels for the following addresses: 568-576 N 1st St & 557 N 2nd Street The Maxwell offers 18 1-BR units, including two penthouse units. The penthouse units each w/expansive patios. The property consists of 4 buildings on a block-wide 27,360 SF lot, spanning between 1st & 2nd Streets in North San Jose. 50% of the units have been renovated (9/18) with new flooring, lighting, interior hardware, fixtures, paint & appliances. Recently completed projects include new mailboxes, exterior paint, new TPO roofs (2017), refurbished hardwood floors (foyers/stairwells), exterior doors, new exterior fire stairwell, and landscaping. Units are individually metered for electricity & gas, with master water for each building. Residents enjoy the convenience of off-street assigned parking, stacked in-unit washer/dryers, and ultra-convenient access to shopping, dining, and entertainment including San Pedro Square and Coleman Plaza. Steps form VTA Lightrail.
    Exterior Features

    Parking Description Spaces - Assigned Parking Spaces Total 24 Roof Other

    Interior Features

    All Units Have Refrigerator Apx Sq Ft Unit1 675 Bedrooms Unit1 1 Cooling None Flooring Tile Heating Gas Some Units Have Updated BathsUpdated Kitchen

    Property Features

    Annual Gross Sched Income 447208 Annual Taxes 101468 Annual Utility Expense 15045 Building Type Other City Transfer Tax Yes Hoa YN No Net Operating Income 266829 Operating Expenses InsuranceMaintenance/RepairTrash RemovalVacancy FactorWater Rent Unit1 1430 Tenant Pays ElectricGas Tot Bldg Sq Ft 13372 Water Sewer Sewer System - PublicWater - Public Zoning C

    Listing courtesy of Eduardo Cerna of .


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-27T23:40:57.603.

     
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