1 of 50
9 bd3 baSingle Family
Tools
Size
9
Bedrooms
3
Full Baths
1
Partial Bath
2,388 Sq Ft.
interior
0.1 Acres
Exterior
Financial
$1,588,000
Change Currency
$665
Price Per Sqft
Listing Details
Single Family
Property type
1898
Year Built
4758554
Web Id
ML81959543
MLS ID
39
Days Posted
Description
627 S 3rd St, San Jose, CA 95112
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!
This is an Active listing.
Broker Office Phone Number: 650-543-7740
Copyright © 2024MLS 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.
This is an Active listing.
Broker Office Phone Number: 650-543-7740
Copyright © 2024MLS 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.
Amenities
- Carpet
- Carpeted Floors
- Central Air Conditioning
- Tile Flooring
- Laminate Flooring
Price History
| date | Price | variance | type |
|---|---|---|---|
| 4/1/2024 | $1,588,000 | - | Listed |
| 12/5/2023 | $1,680,000 | - | off market |
| 7/26/2023 | $1,680,000 | 1.06 % | decreased |
| 2/7/2023 | $1,698,000 | 4.61 % | decreased |
| 12/8/2022 | $1,780,000 | - | Listed |
Listing By: Intero Real Estate Services via Data Source: MLS Listings, Inc.
listing agent: Jessica Chung Yau
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