59 S 11th Street

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Source: California Regional MLS

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ML155829

Spacious and unique 2-story Victorian house with large backyard and deattached cottage. Home is 2,000 sqft, 5bd/4ba with high ceilings and a fireplace on the first floor. 2 of the bedrooms and bathrooms are on the 1st floor for ease of access. The cottage adds another 1bd/1ba, 554 sqft of living space and has its own laundry and private garden. The property can accommodate large and/or multi-generational families. 2nd floor has a kitchenette for convenience. The large finished basement offers 525sqft of extra storage and the driveway can fit up to 4 cars. Prime downtown San Jose location close to dining, public transit, San Jose State University, San Pedro Square, Dr Martin Luther King Library, SAP center, the Tech Museum and more! Currently fully rented with an income of $7,700/mo ($92,400/yr). Rents easily and there are still opportunities to increase rent. This versatile property presents many options to the buyer. Buyer can take over lease and enjoy the cash flow until the lease ends next summer and then decide to owner occupy or just continue the income producing investment. Can also live in main home (5bd/4ba) and rent out cottage (1bd/1ba).

Property Information

Property Details

Location

Address

59 S 11th Street

County

Santa Clara

City

San Jose

Zip Code

95112

School District

San Jose Unified

MLS Area

699 - Not Defined

Interior Features

Heating and Cooling

Cooling

Wall/Window Unit(s)

Heating

Forced Air

Building

Building Information

Square Feet

2,000

Year Built

1901

Foundation

Concrete Perimeter

Roof

Composition

Financial

Special Conditions

Standard

Property Taxes

Tax Annual Amount

$17,185

59 S 11th Street, San Jose, CA 95112

Market Report for 95112