Downtown Primary Commercial Location: The Home was previously used as a boarding house with multiple rooms upstairs. The downstairs unit features three bedrooms and two bathrooms with a steady income history. High-demand location near San Jose State University, public transportation, and easy freeway access. Walkable to downtown restaurants and shopping! Buyer is advised to do their own due diligence. This hidden treasure delivers steady rental income and plenty of potential for future opportunities..
Listed by Enrique Henry Estrada
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License #01200315
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Hilltop Realty
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831-637-1055
Last updated November 14, 2025
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Source: MLSListings #ML82027377
Listing Facts
TypeMulti-family
NeighborhoodDowntown San Jose
Days on Prevu7
Taxes$11,610/year
Size3,360 sqft
Price per sqft$432
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
11/12/2025
Listed by Hilltop Realty
$1,450,000
Property Details for 623 & 625 S 2nd Street
Exterior
Construction
Number Of Units Total: 2
Roof: Composition
Stories: 2
Year Built: 1906
Year Built Details: 2
Measurements
Building Area Total: 3,360
Lot Size Acres: 0.09
Lot Size Area: 4,318
Lot Size Source: Assessor
Lot Size Square Feet: 4,318
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.84
Gross Income: $117,420.00
Operating Expense Includes: Maintenance
Taxes
Parcel Number: 472-26-013
Tax Annual Amount: $11,610.00
Interior
Features
Flooring: Hardwood, Laminate
Measurements
Living Area: 3,360
Other
Features
Accessibility Features: Other
Parking
Parking
Carport: Yes
Parking Features: Common Parking Area, On Street
Schools
Elementary School
Elementary School District: San Jose Unified
High School
High School District: San Jose Unified
Utilities
Equipment
Heating: Central Forced Air
Sewer: Public Sewer
Utilities: Public Utilities, Water - Public
Water Source: Public
Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.