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627 S 3RD ST SAN JOSE, CA 95112
- Multi-family (5 or more units) / Resale (MLS)
Property Details for 627 S 3RD ST, SAN JOSE, CA 95112
Features
- Price/sqft: $664
- Lot Size: 4250 sq. ft.
- Total Units: 4
- Total Rooms: 14
- Room List: Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Den, Dining Room, Family Room, Kitchen, Office
- Stories: 200
- Heating: 14
- Construction Type: Wood
Facts
- Year Built: 01/01/1898
- Property ID: 872174006
- MLS Number: ML81959543
- Parcel Number: 472-26-047
- Property Type: Multi-family (5 or more units)
- County: SANTA CLARA
- Legal Description: MAP C7 834
- Zoning: RM
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. EXCELLENT INCOME PROPERTY! Perfect for investors or income-minded buyers who can live in the building & rent out the rest. The county record shows "use code" as "3-4 units, any combination. Currently, it is used as 9 beds, 4 baths, 3 kitchens +2 dens. The 2-car detached garage is used as a recreational space. Another 4 cars in tandem could park inside the spacious gated yard. MANY UPDATES SINCE 2018, (NCLUDES NEW ROOF, downstairs AC, replaced most of the windows, LVP floor and carpet, 2 tankless water heaters, water softener, SS kitchen appliances, 2 sets of washer/dryer). 3 gas meters & 1 master water meter. Before Covid in 2019, the owner's rent roll with all rooms leased was about $105,000. Reduced vacancy since 2020 to better observe county Covid restriction! 1 of the 9 rooms is a studio w/1 of the 3 kitchens, private bath & entrance! In the heart of Downtown, Walk to San Jose State University, near cafes, restaurants & HWY280! Previous owner used the studio as the owner's unit and rented out the rest for income, future owner could easily use it as a Triplex If they wish, very flexible floor plan. As downtown companies are asking employees to come back in person and university staff & students are back in person, this property is in an excellent position for income growth!
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Property Brokerage:
Intero Real Estate Services, Inc.
930 Santa Cruz Ave
Cupertino
CA
94025
Copyright © 2024 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.