This rare Vacant-at-Close Corner Lot Duplex in the heart of DTSJ, near all major area amenities and situated in a neighborhood that shows lots pride of ownership, could be great investment, family compound or owner-occupied/rental hybrid for the next owners. 546-548 N San Pedro features two side by side 1BD/1BA units w/only one adjoining wall for maximum privacy. Each unit has a formal entrance, FLR, eat-in kitchen, ample BD, BA w/shower over tub, utility room with in-unit W/D, a separate patio & garage parking. Wood floors, abundant light, and the opportunity for next owners' updates run thru-out. From an income perspective, with a conservative estimate of $60,000 in projected gross annual rent, and a liberal estimated expense ratio of 35%, the property could generate a cap rate of 4%+ right off the bat (Buyers to verify). Excellent location, blocks to DTSJ & Japan Town, SJ State, parks, schools, CalTrain, Light Rail and more!
Off market
$1,164,000
546-548 N San Pedro St, San Jose, CA 95110
2beds
0baths
1,680sqft
MultiFamily
Built in 1958
-- sqft lot
$1,164,000 Zestimate®
$693/sqft
$3,293 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
Interior area
- Total interior livable area: 1,680 sqft
Property
Parking
- Parking features: Garage - Attached
Details
- Parcel number: 25919043
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1958
Community & neighborhood
Location
- Region: San Jose
Services availability
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Estimated market value
$1,164,000