627 S 3rd ST new

San Jose,CA 95112

$ 1498888

9 Beds

3.5 Baths

2388 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Home

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

Half Baths 1

Year Built 1898

Lot Size 4,250 Sqft

Property Sub-Type Single Family Home

Property Description

EXCELLENT INCOME PROPERTY! Perfect for an investor or income-minded buyer who likes to live in the building & 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 9 bedrooms, 4 baths, 3 kitchens, plus Living room and a family den. 2-car detached garage is used as a recreational room. 3-4 cars fits 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, new LVP floor and carpet, 2 tankless water heaters, water softener, SS appliances) (3 refrigerators & 2 sets of washer/dryer. are not included in the sale). There are 3 gas meters, one master water meter. Before Covid 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, private bath and a separate entrance. it 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 growth Opportunity!

Location

State CA

County Santa Clara

Area Central San Jose

Zoning RM

Rooms

Family Room Separate Family Room

Other Rooms Den / Study / Office

Dining Room No Formal Dining Room

Kitchen Dishwasher,Microwave,Oven Range

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Carpet,Laminate,Tile

Laundry Inside,Outside

Exterior

Parking Features Enclosed

Garage Spaces 2.0

Utilities Available Public Utilities

Roof Type Shingle

Building

Story 2

Foundation Other

Sewer Sewer - Public

Water Public,Water Softener - Owned

Others

Special Listing Condition Not Applicable

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