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627 South 3Rd Street San Jose, CA, United States 95112

EXCELLENT INCOME PROPERTY! Perfect for an investor or income-minded buyer who likes to live in one unit & 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 open 9 bedrooms, 4 baths, 3 kitchens, plus Living room and a family den. 2-car detached garage is used as a recreational room. ADU potential! 3-4 cars fit 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, LVP floor and carpet, 2 tankless water heaters, water softener, SS appliances) (3 refrigerators & 2 sets of washer/dryer). There are 3 gas meters, one master water meter. Before COVID-19 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, a private bath, and a separate entrance. This property 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 income growth Opportunity!

Amenities

  • Bedrooms: 9
  • Full Bathrooms: 3
  • Partial Bathrooms: 1
  • Property Type: Residential
  • Year Built: 1898
  • Built in 1898
  • Home size: 0 ft2 / 0 m2
  • MLS: ML82003644
  • Status: Active

Property brokered by

Intero Real Estate Services, Inc.

(408) 342-3000

Presented by Jessica Yau

  • (650) 543-7740
  • (650) 543-7740 (Office Phone)

Contact Jessica Yau

Contact Agent

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