Property Detail

Description

Magnify Real Estate is pleased to present the opportunity to acquire 70 N. 10th St, a fully renovated, turnkey multifamily asset in San Jose. This property offers strong in-place cash flow and classic early 20th-century charm within a prime downtown San Jose location. Built in 1912, the property consists of 9 units totaling 6,027 square feet on a 6,394 square foot lot. The unit mix includes (5) one-bedroom/one-bathroom, (3) two-bedroom/one-bathroom, and (1) three-bedroom/one-bathroom. The subject property has undergone significant capital improvements including newer roofs, replaced copper supply lines and ABS drain lines, dual-pane windows, A/C in all units, brand new concrete common area patio, and renovated interiors. The property sits just three blocks from San Jose State University and offers convenient access to I-280, CA-87 and US-101. Finally, the property is within a few minutes drive from major employers such as Adobe, Zoom, eBay, San Jose City Hall and many more.