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Listed by Jessica Chung Yau • Intero Real Estate Services
$ 1,498,888
Est. payment /mo
Active
627 S 3rd Street San Jose, CA 95112
9 Beds
4 Baths
2,388 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,388 sqft
Price per Sqft $627
MLS Listing ID ML82003644
Bedrooms 9
Full Baths 3
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1898
Lot Size 4,250 Sqft
Property Sub-Type Detached
Property Description
EXCELLENT INCOME PROPERTY! Perfect for an investor or income-minded buyer who likes to live in one unit & rent out the rest for income. The county record shows "use code" as 4 plex with any combination. Currently, it is a triplex used as open 9 bedrooms, 4 baths, 3 kitchens, plus Living room and a family den. 2-car detached garage is used as a recreational room. ADU potential! 3-4 cars fit inside the backyard. Low-maintenance backyard for BBQ or entertaining. MANY UPDATES SINCE 2018, IT INCLUDES ROOF replacement, downstairs AC, replaced most of the windows, entire interior painting, LVP floor and carpet, 2 tankless water heaters, water softener, SS appliances) (3 refrigerators & 2 sets of washer/dryer). There are 3 gas meters, one master water meter. Before COVID-19 in 2019, owners' rent roll with all rooms leased was about $105,000. Reduced vacancy since 2020 to better observe county's Covid restriction. Among the current 9 rooms, there is a primary suite with 1 of the 3 kitchens, a private bath, and a separate entrance. This property can be converted back to a triplex easily. Short walk to vibrant Downtown, San Jose State University, S.J. Convention Center, cafes & restaurants. Companies & SJU are shifting back to in-person work & learning, Great income growth Opportunity!
Location
State CA
County Santa Clara
Interior
Heating Forced Air
Flooring Laminate, Tile
Fireplace No
Appliance Dishwasher, Microwave, Water Softener
Exterior
Garage Spaces 2.0
Private Pool false
Building
Story 2
Foundation Other
Water Public
Schools
School District San Jose Unified, San Jose Unified
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