555 S 10th Street, San Jose, CA 95112
- $8,500,000
- List Price
- $8,500,000
- Status
- ACTIVE
- MLS#
- ML82016658
- Year Built
- 1964
- Lot Size
- 25,254
- Acres
- 0.58
- Days on Market
- 50
- Property Type
- Commercial
Property Description
Marcus & Millichap is excited to present Kennedy Hall, a rare opportunity to acquire a well-located, multifamily asset just steps from San Jose State University. The property features 28 spacious two-bedroom, two-bath units totaling approximately 25,855 square feet of rentable space on a 0.58-acre lot. Built in 1964, Kennedy Hall offers a highly functional layout ideally suited for student housing or working professional roommates, with each unit having an ideal two-bedroom layout with maximum privacy. This optimal rental configuration, combined with the propertys close proximity to campus and an assumable Chase Bank loan fixed at 4.51% through August 2029, makes Kennedy Hall a prime choice for investors seeking strong cash flow and long-term demand.
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Additional Information
- Taxes
- $97,181
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Roof
- Composition, Shingle
- Water
- Public
- School District
- San Jose Unified
- Elementary School
- Lowell
- Middle School
- Herbert Hoover
- High School
- Abraham Lincoln
- Attached Structure
- Detached
- Gross Scheduled Income
- $835,640
Listing courtesy of Listing Agent: Jimmy Castellanos (jimmy.castellanos@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.