627 South. 3rd St., San Jose, CA 95112 - ML81959543 - iPro Real Estate

627 South. 3rd St.
San Jose, CA 95112

Active, Single-Family Sale

For Sale

$1,588,000 $664.99 per sqft

Free Professional CMA

Listing ID : ML81959543

  • Beds

    9
  • Baths

    3/1
  • Garage

    2
  • Structure / Lot Size

    2,388 Sqft / 0.0976 Acre
  • Year

    1898

Description

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!

Details

Type: Single-Family Sale 
Subdivision: Central San Jose 
County: Santa Clara 
Tax ID: 472-26-047
School District: San Jose Unified
Building Type: Detached 
Building Size: 2,388 SqFt 
Days on Market: 57 
AltCal ID: ML81959543 
Amenities: High Ceiling  
Cooling: Central AC 
Flooring: Carpet, Laminate, Tile 
Foundation: Other 
Heating: Central Forced Air 
Horse Property: No
Kitchen: Dishwasher, Microwave, Oven Range, Refrigerator 
Laundry: Inside, Outside, Washer / Dryer 
Parking Spaces: 4 
Property Type: Residential Sale 
Roof: Shingle 
Sewer: Sewer - Public 
Sub Type: Single Family Home 
Utilities: Public Utilities 
Water: Public, Water Softener - Owned 

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37.327484 -121.881592 $1,588,000 ML81959543
627 South. 3rd St., San Jose, CA 95112
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Listed by Jessica Chung Yau with Intero Real Estate Services

Based on information from the MLSListings MLS) as of 5/27/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate 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. Based on information from the MLSListings MLS) as of 5/27/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2024 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes