PRICE REDUCED $153, 000!! PORTFOLIO OF FOUR PRIME PROPERTIES IN CENTRAL SAN JOSE! One Duplex & three Single-Family Homes consisting of 38 income producing Single-Room Occupancy (SRO) Units in walkable neighborhoods near downtown San Jose and San Jose State University. Each home features private bedrooms within a shared living environment designed for students, service workers, and young professionals seeking affordable, centrally located housing – 80% of current tenants are SJSU students. Addresses in order of appearance in Photos: 684 Julian St – 8 bedrooms + 3 bathrooms (fully renovated single-family home including newer ADU converted from garage). 22 S 10th St – 11 bedrooms + 4 bathrooms (Duplex). 325 E Saint John St – 9 bedrooms + 3 bathrooms (SFR). 1090 S 7th Street – 10 bedrooms + 5 bathrooms (SFR). In-place rents average 30% below market, offering a clear path to higher cash flow and a significant add-value opportunity for a new owner to make modest unit & common area improvements as turnovers occur and increase cash flow. All four properties offer parking (some permits) & storage spaces. In-place utility reimbursements for all tenants. Over 1 million residents and 36, 000+ students at San Jose State University drives demand for housing.
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