Active

627 S 3rd ST

SAN JOSE CA, 95112

$1,588,000


$664.99 per sqft

Active

9 Beds

3.5 Baths

2,388 sqft

Residential

Built in 1898

Listed by Intero Real Estate Services, Jessica Chung Yau, Listing Contact: 6502839525

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!

ML81959543

MLS ID

April 1, 2024

Listed

July 4, 2024

Updated

Map

627 S 3rd ST
SAN JOSE CA, 95112

Interior Features

Total Stories

2


Bedrooms

9


Total Bathrooms

3.5


Full Bathrooms

3


Half Bathrooms

1


Interior Features

Laminate, Tile


Appliances

Dishwasher, Refrigerator, Microwave, Oven, Range, Washer, Water Softener


Floor Description

Laminate, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.1 Acres


Roof

Shingle


Sewer

Public Sewer

School Information

School District

482

Other Property Details

Area Name

Central San Jose


Garage

Yes


Garage Spaces

2


Parking Total

4


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

RM

Listed by Intero Real Estate Services, Jessica Chung Yau,
Listing Contact: 6502839525 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jide Ogunbiyi | CA DRE# 02059624 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Jide Ogunbiyi | CA DRE# 02059624 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 1:07 AM UTC, 7/4/2024

 

 

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